Speculation that the £10.6 billion Delta Two takeover of Sainsbury’s could be in doubt because of the Qatari’s finance arrangements is unfounded, it is understood.

The Mail on Sunday reported that the turmoil in the credit markets may affect the financial structure of the Qatari-backed investment fund's deal. Sources told the newspaper that Delta Two's financing might not be as secure as previously thought.

However, it is thought that the speculation is wide of the mark and that little, if anything, has changed with the financing Delta Two has in place.

Sainsbury’s declined to comment. Delta Two was unavailable for comment.

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