UK supermarket group Sainsbury's is on the receiving end of another takeover approach, just three months after fighting off private equity bidders.
An investment fund backed by Qatari royal family, Delta, is thought to be prepared to pay 610p a share, valuing Sainsbury's at around £12bn.
Delta already controls a 25% stake in the supermarket chain, which is said to be considering the offer.
Earlier this year Sainsbury's rejected a bid from private equity firm CVC
