Summary
SECRETIVE property tycoons Robert and Vincent Tchenguiz are masterminding a rival Pounds 1.2bn bid for ailing retailer Somerfield.
The brothers are understood to be lining up support for a 220p- ashare offer some 30p higher than Icelandic suitor Baugur's earlystage offer price.See the full content of this document
Extract
Tchenguiz Brothers Behind Bid for Ailing Somerfield
Lehman Brothers, the pair's preferred bankers, are thought to have been sound...
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