UK: Sainsbury’s resists property sale pressure

By: just-food.com | 30 April 2007

UK retailer Sainsbury's has indicated its intention to resist mounting shareholder pressure to either divide the group into two separate companies - one focusing on retail and the other on property - or sell off substantial property holdings to increase shareholder returns.

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UK retailer Sainsbury's has indicated its intention to resist mounting shareholder pressure to either divide the group into two separate companies - one focusing on retail and the other on property - or sell off substantial property holdings to increase shareholder returns.

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