Summary
Supermarket giant Sainsbury's took centre-stage yesterday as its shares tumbled 4% on reports that the potential pounds 10.1bn private equity takeover bid was close to collapse.
Sainsbury's shares dropped 22.5p to 538.5p, with the drama overshadowing a day of quiet gains for London's blue-chips after the Easter break. The FTSE 100 Index closed 20.5 points higher at 6417.8.See the full content of this document
Extract
Sainsbury's Left On the Shelf by Suitors
Other supermarket chains were dragged lower. Morrisons was off 3p at 315.75p and Tesco was dow...
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