Cazenove has sold the last of a Sainsbury’s stake previously held by Robert Tchenguiz.
Kaupthing had sized the property tycoon’s 10% holding in October after calling in a loan.
Kaupthing’s subsequent collapse meant the food retailer lost track of who held the stock. Ernst & Young cleared up the mess by selling 27.2m shares through Cazenove at 310p each.
01/04/09 Financial Times 38
Times 49
Daily Telegraph B4
Guardian 30
Independent 42
