Sainsbury’s joins queue of shoppers eyeing Planet Organic bargain

[admin]

J Sainsbury, the supermarket giant, has joined a queue of bargain-hunting shoppers examining a last-ditch rescue of the Planet Organic brand. Sky News has learnt Sainsbury's has pitched an offer for Planet Organic's name and intellectual property assets in a deal that would probably be implemented through an insolvency process. It comes after rivals, including Waitrose, have also held talks with Planet Organic's advisers at Interpath Advisory about a deal.