In a stock exchange announcement on Friday the company also says that its end-of-year results for 2006, due in April, will not be available until early May.
But the board has reassured shareholders by promising an interim dividend of 2.
5p per share payable on 13 April.
CI Traders is the largest private retail employer in the Channel Islands and includes the Checkers supermarkets, Safeway, the former Ann Street pub chain and the Marks & Spencer franchise in Jersey, MMD shipping in Portsmouth and a bottling plant in France.
This latest announcement follows an initial statement in October last year that CI Traders was in ‘tentative’ talks about a possible buyout.
At that time chairman Tom Scott said discussions were at a very early stage and that he was unable to reveal the identity of the potential purchaser because of stock exchange rules.