Summary
Ailing supermarket chain Sainsbury's is the target of a pounds 5bn takeover bid being prepared by an ex-treasurer of the Conservative Party, it was reported yesterday.
Corporate financier George Magan is thought to have approached banks and private equity groups to secure finance for the bid.See the full content of this document
Extract
Pounds 5bn Bid in Store
According to the Sunday Telegraph, Mr Magan has also courted a chairman of a FTSE...
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