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Pin to quick picksSainsbury (J) Share News (SBRY)

Share Price Information for Sainsbury (J) (SBRY)

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Share Price: 269.90
Bid: 270.60
Ask: 270.80
Change: 0.00 (0.00%)
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Open: 271.60
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Asked about Kretinsky, Sainsbury's says talks to all major shareholders

Wed, 28th Apr 2021 08:52

LONDON, April 28 (Reuters) - Sainsbury's Chief
Executive Simon Roberts said the supermarket group talked to all
its major investors regularly and Czech billionaire Daniel
Kretinsky was no different.

Asked by Reuters if there had been any contact with
Kretinsky since he raised his stake in Sainsbury's to just under
10% earlier this month, Roberts said: "We meet and talk with all
of our major shareholders on a regular basis and so as with all
our shareholders we would do that also with Vesa," he said.

Vesa Equity Investment is Kretinsky's vehicle.

The stakebuilding fuelled bid speculation but Roberts noted
that Vesa has expressed support for the board's plans and
strategy.
(Reporting by James Davey; Editing by Kate Holton)

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UPDATE 1-Morrisons shares leap after takeover approach rebuffed

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