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Tag Archives: Sainsbury39s

The UK regulator blocks the merger of Sainsbury's and Asda

Chris Ratcliffe | Bloomberg | Getty Images A Sainsbury signboard stands on Monday, April 30, 2018, in front of an Asda sign above the entrance of the supermarket in Watford, UK, on ​​a gas station portal. The UK competition regulator was blocked Sainsbury's proposed acquisition of Walda, owned by Walmart, for 7.3 billion pounds (9.4 billion US dollars) – a …

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Sainsbury's leads the British Tesco with $ 10 billion on Walmart's Asda to the top

LONDON (Reuters) – Sainsbury's acquires Walmart's Asda for around 7.3 billion pounds ($ 10 billion) in a bold bid to overtake longtime leader Tesco as the UK's largest supermarket group for market share. If granted regulatory approval, the country's largest and second-largest grocery retailers for more than a decade will unite the largest UK businesses in the sector, triggering speculation …

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Sainsbury's, Walmart's Asda, to create UK supermarket powerhouse

LONDON (Reuters) – Sainsbury's and Walmart's Asda are bargaining to form Britain's largest supermarket group, a combination that surpasses Tesco's grocery market share and will be worth up to £ 15 billion ($ 20.7 billion) , Sainsbury's signage is at a supermarket and gas station in West London, United Kingdom, November 8, 2017. REUTERS / Toby Melville / File photo …

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