Sainsbury

Somerfield rejects Baugur bid

Somerfield rejects Baugur bid

British high street retailer Somerfield has rejected the initial
advances of Icelandic group Baugur, but the possibility of a formal
offer - and an eventual link up with the Iceland chain - remains on
the cards, provided Baugur comes...

KKR stalking Sainsbury?

KKR stalking Sainsbury?

Sainsbury's poor performance over the last year has led to renewed
speculation that the number three UK supermarket group could be a
target for takeover, with US buyout specialists Kohlberg Kravis
Roberts named this week as the...

Sainsbury's non-food gamble

Sainsbury's non-food gamble

Sainsbury is to launch a range of 2,500 non-food items, ranging
from cookware to electrical goods. But is the launch - ambitious as
it is - simply another example of the retailer running to catch up
with its more successful rivals...

Somerfield safe, for now

Somerfield safe, for now

After fighting off two hostile bids, including one which would have
seen 171 of its stores pass into the hands of rival Sainsbury, the
future of UK retailer Somerfield looks more stable. But the company
is likely to remain a takeover...

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