Sainsbury’s is again at the centre of speculation following rumours that a four per cent chunk of the business was about to change hands.
Shares in the struggling retailer rose to 286.5p in early dealings yesterday, following talk that a member of the Sainsbury family was looking to sell 68 million shares.
Although the talk appeared to be unfounded at this stage, Sainsbury’s share price closed on a five-month high of 281.5p.
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The discounter has held on to pole position since July 2023, ranking ahead of traditional Big Four rivals
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