An investment company is interested in the UK retail chain
Sainsbury’s shares jumped 13 percent to more than a seven-year high on the London Stock Exchange on Monday with news that an investment company would offer more than 7bn pounds (9.6bn,USD) for the UK’s second-largest retailer – origo wrote.
Quoting the Sunday Times, Reuters reported on Monday that the fortress-leaded consortium is conducting negotiations with New York-based Apollo Global Management Investment Company to join them and make a joint bid. (origo)
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