☰

M. Continuo

Sainsbury's boss acquitted by Egyptian court of all charges


    LONDON (Reuters) - Mike Coupe, chief executive of British supermarket Sainsbury's , has been acquitted by an Egyptian court of all charges brought against him.

    The case relates to a legal dispute brought against Sainsbury's and Coupe by Amr el-Nasharty, with whom the firm entered into a joint venture in 1999.

    Coupe had contested a two-year jail sentence handed down in absentia by an Egyptian court in September.

    (Reporting by James Davey; editing by Sarah Young)