Private equity firms CVC, Kohlberg Kravis Roberts and Blackstone have admitted they are in the preliminary stages of assessing a possible offer for the UK's third-biggest supermarket group Sainsbury's. Market rumours that Sainsbury's was a takeover target boosted the company's shares by 18% to 526.5p on Friday, valuing the supermarket chain at about £9.7bn.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
