Qatar plans full scale takeover of Sainburys

After our earlier story about the Royal family of Qatar increasing their holdings in Sainburys, it seems our speculation was right.
News has emerged that Delta Two, the vehicle for Qatar investments is looking to launch a full scale takeover. This comes as Sainsburys, the UK number two grocery retailer, is set to announce record profits for the previous quarter.

As can be expected this speculation has pushed shares in the company up 4.9% in the last few days.

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