In the news this morning, buyout giant KKR is reported to be examining a possible bid for Asda as the prospect of a £12bn merger between the supermarket chain and its larger rival Sainsbury’s begins to fade.
Elsewhere, there is speculation that Hammerson is set to unveil a more aggressive asset sell-off plan this week due to pressure from activist investor Elliott Advisors.
And, overall investment in the London office market is on course for a big drop ahead of Brexit – not helped by receding South Korean investors.
News round-up: Helsby joins MGT
Five things you might have missed last week
U+I poaches Argent’s retail head
Persimmon may lose Help to Buy contract after criticism
Smiggle asks landlords for rent cut to help deal with slowdown
Struggling Jack Wills chain to offload four stores to cut costs
