Qualified advisers answering your
Financial Questions
call 0800 092 1245

Is Sainsbury now in play?

Despite the fact that the Sainsbury share price has fallen back from recent highs amid speculation of a potential bid for the company many people now believe that the company is "in play". The Qatar Investment Authority (QIA) already holds a significant stake in the operation and indeed launched an unsuccessful bid just two years ago. There had been speculation that the QIA was in fact looking to increase its stake in the operation but so far nothing has materialised.

After a difficult period during which the company fell behind the likes of Asda, Tesco and Morrisons, Sainsbury has picked up of late and is now back among the premier league of UK supermarkets. There is a feeling that the company's property assets, growth plans and potential for the future are not yet reflected in the share price and indeed a new management team could actually add further value to this situation.

As we have seen during the UK recession, the supermarket sector has remained fairly resilient due to an ability to read the market fairly well and react to customer needs and customer budgets. Even though many of the low value supermarket chains in the UK have made ground in these difficult economic times, there is no doubt that the likes of Tesco, Asda, Sainsbury and Morrison are still leading the way.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details