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Article: IN ASSOCIATION WITH Rensburg Sheppards Sainsbury's move shows private equity firms' muscle.(News)
- Article from:
- Daily Post (Liverpool, England)
- Article date:
- February 14, 2007
CopyrightCOPYRIGHT 2007 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: BY RUSSELL LYNCH Daily Post Business Correspondent ..HDLN:
Secretive sector in the spotlight
THE ever-mighty private equity world was flexing its muscles at some of British business's best-known names last week after a hectic few days of manoeuvring in a sector loathed by unions and viewed nervously by bosses fearful for their own jobs.
Targets as diverse as Sainsbury's and tapas chain La Tasca have been placed under scrutiny, and are among several well-known names to attract recent interest.
Both firms are being pursued by Blackstone, which showed off its firepower this week by agreeing a deal to buy the biggest landlord in ...