Thursday, April 5, 2007

CVC group tables bid for Sainsbury -Times

(Reuters) - LONDON, April 5 - A group of private equity firms led by CVC Capital has tabled an indicative offer of about 9.5 billion pounds for UK supermarket chain J. Sainsbury , the online edition of the Times newspaper reported on Thursday.

The Web site headline "CVC tables preliminary offer for J. Sainsbury" intially linked to a story saying that the bid was expected to be filed today with the headline "J. Sainsbury bid closer as KKR pulls out".


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