Published by Alexander Bueso on 24th January 2021
(Sharecast News) - Hedge funds are ramping up bets that Sainsbury's will be the next British grocer to be snapped up in a debt-fuelled takeover, after the Issa brothers' swoop on Asda. Investors have been buoyed by remarks by the boss of Canadian convenience store operator Alimentation Couche-Tard, which is examining takeover targets after a €16bn (£14bn) swoop for French supermarket Carrefour was blocked by politicians in Paris, according to City sources. - Sunday Telegraph