Deadline Set in Moves for Sainsbury's Buyout

Summary


THE Qatari-backed fund circling supermarket chain Sainsbury's was today given less than two weeks to formalise its pounds 10.6bn takeover interest.

The Takeover Panel has set a deadline of 5pm on November 8 for Delta Two to announce an offer or walk away.

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Extract


Deadline Set in Moves for Sainsbury's Buyout

Sainsbury's has stores across Tees Valley and in 2004 took over Bel...

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