Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSainsbury's Share News (SBRY)

Share Price Information for Sainsbury's (SBRY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 262.40
Bid: 263.40
Ask: 263.60
Change: -2.60 (-0.98%)
Spread: 0.20 (0.076%)
Open: 264.20
High: 264.40
Low: 261.40
Prev. Close: 265.00
SBRY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

PRESS: Lone Star Abandons Plans For Asda Acquisition

Wed, 23rd Sep 2020 07:00

(Alliance News) - Lone Star Funds has dropped out of the race to acquire UK grocer Asda after being unable to match the price sought by owner Walmart Inc, the Telegraph reported on Tuesday.

The US private equity firm was seen as a frontrunner along with asset manager Apollo Global Management Inc after Walmart restarted an auction for a majority stake in Asda following a pause during the lockdown period.

The US retailer was forced to put Asda back on the market after a merger with J Sainsbury PLC was blocked last year by the UK Competition & Markets Authority with the regulator finding the merger would leave customers worse off.

UK-based private equity firm TDR Capital LLP also remains in the running for Asda.

https://www.telegraph.co.uk/business/2020/09/22/lone-star-drops-race-buy-asda/

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
12 Apr 2023 11:29

No jobs cuts as logistics overhaul plans hit 7,000 Sainsbury's staff

(Alliance News) - J Sainsbury PLC on Wednesday announced a major restructuring of how its logistics operations work, affecting around 7,000 staff throughout the country.

Read more
12 Apr 2023 10:37

Sosandar predicts maiden annual profit despite investment drive

(Alliance News) - Sosandar PLC on Wednesday said it expects a rise in annual revenue and its first-ever profit, though its bottom-line will fall short of market expectations amid investment plans.

Read more
11 Apr 2023 13:43

Britain's Sainsbury's offers lower prices to loyalty card holders

Nectar members get lower prices on over 300 items

*

Read more
11 Apr 2023 12:36

Sainsbury's to offer lower prices for Nectar card holders

(Sharecast News) - UK supermarket chain Sainsbury's has started offering lower prices for members of its Nectar loyalty card scheme in the latest battle to win customers amid the cost-of-living crisis.

Read more
3 Apr 2023 09:43

LONDON BROKER RATINGS: HSBC cuts NCC; Exane BNP cuts Man Group

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
30 Mar 2023 17:04

UK supermarket Morrisons says sales momentum building

Q1 like-for-like sales up 0.1%

*

Read more
30 Mar 2023 13:51

Trakm8 wins another supermarket optimisation contract with Iceland

(Alliance News) - Trakm8 Holdings PLC on Thursday said it has been awarded a telematics and optimisation contract extension with Iceland Foods Ltd, running until March 2027, after it was awarded a similar contract by a subsidiary of J Sainsbury PLC on Wednesday.

Read more
30 Mar 2023 11:28

Sanderson Designs agrees major licensing deal with Sainsbury's

(Alliance News) - Sanderson Design Group PLC on Thursday said it has agreed a major licensing agreement with J Sainsbury PLC.

Read more
30 Mar 2023 11:17

Supermarket Income REIT eyes capital return after Sainsbury's disposal

(Alliance News) - Supermarket Income REIT PLC on Thursday reported a lower net asset value for 2022 due to a decline in the value of its investments, but was optimistic on a growing UK grocery market.

Read more
29 Mar 2023 16:00

Profit at UK supermarket Asda slumps on inflation hit

LONDON, March 29 (Reuters) - British supermarket group Asda on Wednesday reported a 24% fall in annual earnings after it decided not to pass the full impact of cost inflation onto consumers, taking a hit to profits instead.

Read more
29 Mar 2023 14:31

Trakm8 awarded Sainsbury's optimisation contract extension

(Alliance News) - Trakm8 Holdings PLC on Wednesday said it was awarded a contract extension with JS Information Services Ltd, a subsidiary of J Sainsbury PLC.

Read more
28 Mar 2023 09:27

Food inflation soars to record 17.5% - Kantar

(Sharecast News) - Grocery inflation has rocketed to 17.5%, industry research showed on Tuesday, adding more than £800 a year to average household food bills.

Read more
28 Mar 2023 09:03

TOP NEWS: UK grocery inflation up to record again; Lidl fastest growth

(Alliance News) - UK grocery price inflation spiked to another record high in March, while German discount store Lidl was the fastest growing supermarket, survey results from Kantar showed on Tuesday.

Read more
28 Mar 2023 08:00

UK grocery inflation hits new high of 17.5% -Kantar

*
Grocery inflation in March at highest level ever recorded

Read more
22 Mar 2023 06:27

Prices of some UK groceries have 'more than doubled' in past year

(Alliance News) - The cost of some everyday UK groceries has more than doubled over the last year, consumer brand Which? has found.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account