Shares in Sainsbury's jump to seven-year high on report of buyer interest - NewsBreak
By Martin in Business
Updated 3 years ago
Aug 23 (Reuters) - Shares in Sainsbury's (SBRY.L) jumped as much as 13% to a more than seven-year high on Monday after a report said private equity firms could launch bids worth more than 7 billion pounds ($9.6 billion) for Britain's second-largest supermarket. Private equity firms, including New York-based Apollo...