Sainsbury's stock jumps

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At the start of Monday's London trading hours, the stock price of Sainsbury's jumped by 12.44% or 36.47 GBP. The surge was caused by reports of equity firms launching bids for the company.

The Sunday Times reported during the weekend that various private equity firms, including Apollo Global Management, would make a bid for Sainsbury. Bids of more than 7 million GBP could be made.

Meanwhile, Sainsbury's has not commented on the news.
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