UK: Sainsbury’s silent on bid talk as sales rise
By: just-food.com | 28 March 2007
Posting its ninth consecutive quarter of sales growth in the second year of the company's turnaround plan, UK retailer Sainsbury's today (28 March) said that it had "no reason" to update the market on a potential takeover bid from private equity or trade groups.
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Posting its ninth consecutive quarter of sales growth in the second year of the company's turnaround plan, UK retailer Sainsbury's today (28 March) said that it had "no reason" to update the market on a potential takeover bid from private equity or trade groups.
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