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Sainsbury Might Be Worth Putting in your Share Trolley Even Without the Take-over Rumour

By Malcolm Stacey | Wednesday 25 August 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Hello, Share Crunchers. With the battle for Morrisons (MRW) still going on, one is tempted to look at the other big British supermarkets to see if they too will become targets. There’s been some speculation about Sainsbury’s (SBRY). One possible buyer has even been named: US buy-out outfit Apollo.

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