Delta Two, a Qatari investment group, has made a 610p a share offer for J Sainsbury just three months after the UK retailer rejected a high-profile offer from CVC Capital Partners, the private equity group.

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Beth Rigby on Sainsbury’s reaction to the latest offer

Paul Taylor, chief executive of Delta Two, is understood to have flown members of the Sainsbury family to Sardinia at the end of last week to meet Sheikh Hamad bin Jassim al-Thani, Qatari prime minister and one of Delta Two’s main backers, who was on holiday on the island.