John Fletcher is said to be playing a leading role in a consortium that is planning a £4bn bid for Safeway.
He was chief executive of Asda and Budgens back in the 1980s.
Fletcher has denied his involvement.
The Daily Telegraph 16/10/00 page 26 (thecitychecklist)
The Independent 16/10/00 page 19 (What The Sunday Business Papers Said)
