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.
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.