(Bloomberg) -- British convenience store operator Bestway Group Ltd. has bought a 3.45% stake in J Sainsbury Plc and said it may look to buy more in a move that will prompt speculation about the future of the UK grocer. Most Read from BloombergAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsPutin Plans New Ukraine Push Despite Losses as He Prepares for Years of WarWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedHindenburg vs Adani: The Short Seller Taking On Asi
The billionaire family that has taken a £200m stake in Sainsbury's discussed a takeover of the supermarket, The Telegraph can disclose.