Financial Times FT.com

Sainsbury at centre of trading frenzy in London

By Neil Hume and Bryce Elder

Published: August 28 2008 08:43 | Last updated: August 28 2008 21:18

J Sainsbury jumped to the top of the FTSE 100 leaderboard as bid rumours swirled.

Shares in the food retailer finished 7.9 per cent higher at 344p amid talk of a 500p a share bid from its 29 per cent shareholder the Qatar Investment Authority.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this