The attempt by a consortium of private equity companies to take over J Sainsbury was close to collapse last night after two of the bidding partners pulled out of the deal and the supermarket chain's founding family rejected an improved £10.1bn offer.
The attempt by a consortium of private equity companies to take over J Sainsbury was close to collapse last night after two of the bidding partners pulled out of the deal and the supermarket chain's founding family rejected an improved £10.1bn offer.
