Somerfield has dismissed reports that its £1.1bn sale is in jeopardy.
Reports had suggested that the consortium including Apax Partners, Barclays Capital and Robert Tchenguiz was preparing to pull out of the bidding war.
However, a spokesman for the group said that the reports were misinformation and an attempt to “presumably manipulate the Somerfield share price”.
Reports had suggested that the consortium including Apax Partners, Barclays Capital and Robert Tchenguiz was preparing to pull out of the bidding war.
However, a spokesman for the group said that the reports were misinformation and an attempt to “presumably manipulate the Somerfield share price”.
No comments yet