Tuesday 5 January 2016

Deals, deals, deals...

Well that didn't take long - dealmaking (in the UK, at least) is back in full flow.

And I guess my chums Oliver Shah and Daniel Dunkley of The Sunday Times deserve some credit for today's news about J Sainsbury's £1 billion bid for Home Retail Group.

Okay, the intrepid hacks didn't quite smoke out the J Sainsbury's takeover approach for the Argos owner. However, back in November 2015 their piece in the The Sunday Times highlighted "predators" were plotting £1 billion takeover bids.

Here is a link to The Sunday Times article:

http://www.thesundaytimes.co.uk/sto/business/Companies/article1635764.ece

Now that J Sainsbury approach has been outed, I wouldn't be surprised if a private equity bidder eventually emerged for Home Retail Group...

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