Companies / United Kingdom
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Is M&S Considering Bid For Sainsbury's?
February 2007 | Company News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The news that three private equity firms - CVC, KKR and Blackstone - were assessing UK grocery retailer Sainsbury's in preparation for a possible bid for the firm, prompted speculation that rival UK retailer Marks & Spencer (M&S) might also be interested in the deal. Such an acquisition would provide M&S with a vast improvement on its scale in the highly competitive British mass grocery retail sector, but would it prove too cumbersome an addition to a firm that is itself still only in the early phase of