The royal family of Qatar has increased its stake in the supermarket chain J Sainsbury to more than 25 percent.
The Quataris now own more than the founding Sainsbury family itself, which collectively owns 18 percent of the firm. J Sainsbury has about 770 stores In the UK and employs around 155,000 people.
In early trading Sainsbury's shares rose 4.3 percent to 589.5 pence.
The announcement comes as Sainsbury's price-cutting policy increased full-year profits to March 24 to £380 million, as opposed to £267 million in the same period last year, on the back of a 6.9 percent improvement in the volume of sales.