Summary
THE Sainsbury family is still thought to oppose a putative 10.6bn bid for the supermarket chain from Delta Two - even if the Qatari fund puts more cash into its debtladen proposal. Sainsbury shares rose 20p to 553p last week, amid signals that Delta might restructure its 600p-a-share proposal, which currently includes 7bn in debt.
Some investors believe this would convince Sainsbury chairman Sir Philip Hampton to recommend a takeover.See the full content of this document
Extract
Sainsbury Family Cool On Delta Cash
Reports suggest Sainsbury's management has asked Delta ...
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