Sainsbury deal's collapse throws focus on rivals
Article Abstract:
CVC Capital Partners Ltd.'s withdrawal as a potential buyer of British retailer J Sainsbury PLC. The private-equity firms comprising CVC had offered $20.11 bil, which would have become Europe's largest buyout. Implications for other UK retailers are discussed.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Sainsbury bidders falter as Blackstone, TPG balk
Article Abstract:
A private equity bid for British supermarket retailer J Sainsbury PLC was placed in doubt as TPG and Blackstone Group L.P. declined to participate, balking at the bid's rise to $20.0 bil. Failure to make a bid may influence other major chains to do so.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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