LONDON -- Dallas-based private-equity firm Texas Pacific Group is reportedly looking into making a bid for supermarket operator J. Sainsbury here. According to a Reuters report, Texas Pacific is teaming up with private-equity groups Bain Capital and Cinven to contemplate making an offer for Sainsbury. Sainsbury last week confirmed it had been notified that a private-equity consortium including Blackstone Group and Kohlberg Kravis Roberts & Co. was considering making an offer.
SIGN IN TO ACCESS THIS ARTICLE
Registering for Premium Content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.