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Information is power

9 February 2007

At least not until the private equity bidder shows it s serious by coming up with a price and the assumptions used to reach it. There s a case for saying that Sainsbury s doesn t need to open its books at all. It s a pretty simple business. But that might not be wise. At least not until the private equity bidder shows it s serious by coming up with a price and the assumptions used to reach it. One could argue that Sainsbury s doesn t need to open the books at all. It s quite a simple business. But that might not be tactically wise.

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