Summary
THE prospect of a private equity battle over retailing giant J Sainsbury receded yesterday, amid reports that Cinven had dropped plans to form a rival team to bid for the FTSE-100 Index company.
Private equity houses CVC, KKR and Blackstone declared their interest in a potential bid for J Sainsbury to the stock exchange two weeks ago in a deal that could value the firm at pounds llbn including debt.See the full content of this document
Extract
Battle for Sainsbury Looks Less Likely
Cinven had held initial discussions w...
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