Friday 19 April 2024
 
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Delta Two

Qatar fund close to Sainsbury pension deal: sources

Qatari fund Delta Two is close to reaching an agreement with pension trustees for a proposed 10.6 billion pound ($21.7 billion) takeover of J Sainsbury, sources close to the matter said. Delta Two, already owner of 25 per cent of Sainsbury

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Qatar fund revises bid for Sainsbury

Delta Two, the Qatari-backed investment fund, is set to make a revised bid for J Sainsbury, the supermarket group. The new offer is expected to include a higher cash element than the original £10.6 billion ($21.38) approach and could be ma

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Qatar says considers $21bn Sainsbury bid

Qatar's state investment fund has confirmed that it is considering a 10.4 billion pounds ($21.3 billion) bid for J Sainsbury Plc, with plans to invest 3.5 billion pounds in the British grocer. Qatar's Delta Two investment fund, which alrea

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Qatar firm makes $25bn bid approach to Sainsbury

Qatari investment group Delta Two has made a bid approach to J Sainsbury Plc which values Britain's third-biggest supermarket group at about 12 billion pounds ($24.5 billion), newspapers said on Wednesday. Delta Two, which already owns ab

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