Tag: companyNews

Sainsbury’s-Asda say regulator’s merger view is ‘prohibition in all but name’

LONDON, March 22 (Reuters) – British supermarkets Sainsbury’s and Asda said the UK competition regulator’s provisional view on their proposed combination amounted to “prohibition in all but name”. The Competition and Markets Authority (CMA) last month said its initial view was that Sainsbury’s 7.3 billion pounds ($9.7 billion) proposed takeover of Walmart’s Asda should be […]

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