By Sandrine Bradley
The consortium behind
The consortium comprising property tycoon Robert Tchenguiz,
It is not clear who has approached the chain, although speculation suggests that a few of the larger stores, namely
Somerfield was taken private in a £1.8bn deal at the end of 2005. Since it was taken private, it has sold nearly 600 of its stores in an attempt to slim down its portfolio, although last month chief executive Paul Mason did announce plans to increase the number of stores going forward.
Tchenguiz is thought to be particularly keen to sell his share in Somerfield after the failure to sell Sainsbury – in which he is heavily invested – to the Qataris last year.