Sainsbury's said that it is still hoping to complete its sale of Homebase before the end of the year, despite continuing prolonged discussions with buyers.

Announcing the group's interim results today, Sainsbury's chief executive Sir Peter Davis  admitted that reaching an agreement to sell the DIY chain has taken longer than anticipated. However, he said that he was now at the &quotadvanced negotiations&quot stage and hoped to complete the deal before Christmas. Sainsbury's is being advised by UBS Warburg.

Sainsbury's to sell Homebase before year end

Annemarie Quill

ING Barings

Home Depot

BlackRock’s plan to democratise private credit could backfire

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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Some firm leaders have shrugged off deals as unenforceable, while at least one has taken on trade work for the administration with no fanfare.

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Trump Calls on Goldman to Replace Economist Over Tariff Stance

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A 23-year-old former OpenAI researcher quickly amassed more than $1.5 billion for a firm he called a “brain trust on AI.” 

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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