"If Apollo does not participate in Morrisons' future then we cannot discount that the PE group nor other mega-finance houses will consider looking at Sainsbury," Shore Capital analysts said, adding that Czech investor Daniel Kretinsky retained a roughly 10% stake in the company.A person walks past a Sainsbury's store in Milton Keynes, Britain November 5, 2020. REUTERS/Andrew Boyers/File PhotoSainsbury's, with a market value of around 6.
Qatar sovereign fund is the London-based company's largest shareholder, with almost 15% of Sainsbury's voting rights. Last week, Morrisons said its was backing CD&R's 7 billion pound offer and dropped its previous recommendation for a 6.7 billion pound bid from a consortium led by SoftBank-owned Fortress Investment Group
Source: Loan Digest (loandigest.net)
this is terrible news
🇮🇱 The Israel Lobby in the US🇺🇸 If you are an American taxpayer you NEED to see this. The full and complete version of the banned Al Jazeera investigations report on the 'Israel Lobby in the US
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