
UK - Sainsbury's would be Europe's biggest deal
Speculation about private equity's first foray into the FTSE 100 via a possible take-over of supermarket giant Sainsbury's has intensified over the weekend. CVC, Blackstone and KKR revealed they were considering a bid for the company after the founding family sold a significant stake in the company on Friday. The board of the supermarket has not yet been approached.
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