 Reports that J Sainsbury PLC has restarted talks to sell its bank to US private equity group Centerbridge for around 200mln make sense suggests Clive Black at Shore Capital. The grocer has made no comment, but Shore believes if an appropriate offer did come along the groups board would give it serious consideration as it would give chief executive Simon Roberts more freedom to focus on the development of the food offer and completion of the re-engineering of Argos. 