Tuesday, April 17, 2007
Sainsbury May Use Real Estate to Repay Shareholders
Sainsbury May Use Real Estate to Repay Shareholders
By Edward Evans and Peter Woodifield
April 13, 2007 (Bloomberg) -- J Sainsbury Plc may sell part of its 7.5 billion pounds ($15 billion) of real estate and use the money to pay investors after the U.K. supermarket chain spurned a takeover bid from CVC Capital Partners Ltd.
British retailers Tesco Plc and Marks & Spencer Group Plc have raised more than 1.5 billion pounds this year by selling real estate
Read the full news report from here @ Bloomsbury, UK
By Edward Evans and Peter Woodifield
April 13, 2007 (Bloomberg) -- J Sainsbury Plc may sell part of its 7.5 billion pounds ($15 billion) of real estate and use the money to pay investors after the U.K. supermarket chain spurned a takeover bid from CVC Capital Partners Ltd.
British retailers Tesco Plc and Marks & Spencer Group Plc have raised more than 1.5 billion pounds this year by selling real estate
Read the full news report from here @ Bloomsbury, UK
Labels: commercial-property
Subscribe to Posts [Atom]