Kretinsky clearly does not see it that way. Last week, he agreed a €1bn (£860m) deal to take control of the loss-making IT services unit of the technology company Atos. It adds to a growing portfolio in France. Only last month, he won control of the ailing supermarket chain Casino …
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Vesa, for its part, has made some platitudes about how Sainsbury’s “strong brand” and well-located stores in the more prosperous south-east make it “an attractive long-term investment opportunity”. But it seems unlikely that the tycoon is happy to remain a passive shareholder, and he continues to play his cards close …
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A billionaire investor known as the “Czech sphinx” has launched a raid on Sainsbury’s – sparking speculation that Britain’s second-biggest supermarket could be targeted in a deal to take it private. Daniel Kretinsky’s firm Vesa Equity Investments has increased its stake in the grocer to almost 10pc by buying shares …
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