|Bid||181.000 x 26400|
|Ask||189.000 x 305700|
|Day's range||185.350 - 188.100|
|52-week range||143.079 - 219.400|
|PE ratio (TTM)||-373.80|
|Dividend & yield||0.00 (0.00%)|
|1y target est||N/A|
Sainsbury (Amsterdam: SJ6.AS - news) 's, Britain's second largest supermarket group, is in the early stages of examining a takeover bid for wholesaler Palmer & Harvey (P&H), Sky News reported. P&H, owned by its current and former employees, distributes tobacco, alcohol, chilled and frozen products to about 90,000 retail outlets from a fleet of over 1,300 vehicles. P&H is a major distributor to Tesco (Frankfurt: 852647 - news) , Britain's biggest retailer, which in January agreed a 3.7 billion pound takeover of wholesaler rival Booker - a deal that faces a lengthy competition probe.
J Sainsbury (Other OTC: JSAIY - news) is exploring a takeover bid for Palmer & Harvey (P&H), the UK's biggest tobacco distributor and a key component of the supply chain of the supermarket chain's arch-rival, Tesco (Frankfurt: 852647 - news) . Sky News has learnt that Sainsbury (Amsterdam: SJ6.AS - news) 's is in the early stages of examining a bid for P&H, which was put up for sale several weeks ago. Sources said there was no certainty that Sainsbury's would proceed with an offer, which would come within months of it completing the acquisition of the much larger Home Retail Group, the owner of Argos.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Tesco Plc Here are 5 ETFs with the largest exposure to TSCO-GB. Comparing the performance and risk of Tesco Plc with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)