The seven-month auction for Somerfield, the UK's fifth-largest supermarket group, ended last night after Apax Partners, Barclays Capital and Robert Tchenguiz secured finance for their £1.8bn recommended bid after seven months of preparations.
Violet Acquisitions, the consortium's bid vehicle, issued
Thank you for reading EG
Want to read more? Enjoy a story a week for FREE for one month.
