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After Marks & Spencer chief executive Stuart Rose backtracked over suggestions that he was interested in a bid for supermarket giant Sainsbury's, other potential suitors were given an ultimatum by The Takeover Panel this week. Private equity firms including CVC, Kohlberg Kravis Roberts and The Blackstone Group now have until April 13 to make a move. Sainsbury's shares rose 21.5p to 539p and M&S's fell 11.5p to 664p.