Tesco for Home Retail Group, according to The Times and the Financial Times

Tucked away at the back of the The Times market report is a surprising snippet on the Home Retail Group takeover situation.

According to The Times market report, Tesco - yes, Tesco - was sold off yesterday amid fears it's "putting in a rival bid" for Home Retail Group. Here is a link to the excellent report, written by Tom Knowles:

Deals, deals, deals...

Well that didn't take long - dealmaking (in the UK, at least) is back in full flow.

And I guess my chums Oliver Shah and Daniel Dunkley of The Sunday Times deserve some credit for today's news about J Sainsbury's £1 billion bid for Home Retail Group.