Sainsbury’s-Asda merger blocked by competition watchdog

Competition and Markets Authority says UK shoppers and motorists would be worse off The merger between Sainsbury’s and Asda has been torpedoed by Britain’s competition watchdog, which ruled the £7bn deal threatened to push up prices and reduce the choi…

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Sainsbury’s and British Land sell 12 superstores to US firm for £492m

Deal comes amid continued economic uncertainty and a sharp rise in online salesSainsbury’s and British Land have sold 12 superstores to a US property investment company for £492m, amid a struggling retail property market.The sale to San Diego-based Rea…

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Sainsbury’s and Asda offer to sell up to 150 stores to secure merger

They would also shut 38 petrol stations to try to persuade competitions watchdog on dealSainsbury’s and Asda have offered to sell off up to 150 supermarkets and 38 petrol stations in an attempt to persuade the competition watchdog that their £7bn merge…

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Sainsbury’s £1bn reveal is unlikely to move the competition authority | Nils Pratley

The supermarket’s merger with Asda would permanently reshape the UK grocery marketSainsbury’s pitch to the Competition and Markets Authority didn’t work the first time, so here comes chief executive Mike Coupe with another plea. His big reveal was a fi…

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Sainsbury’s to publish price cut data if Asda merger goes ahead

Supermarkets ‘happy to be held to account’ on reducing prices by £1bnSainsbury’s has promised to publish an annual breakdown of the £1bn-worth of price cuts it has promised shoppers if it merges with Asda, as it scrambles to reverse the competition wat…

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Sainsbury’s to publish price cut data if Asda merger goes ahead

Supermarkets ‘happy to be held to account’ on reducing prices by £1bnSainsbury’s has promised to publish an annual breakdown of the £1bn-worth of price cuts it has promised shoppers if it merges with Asda, as it scrambles to reverse the competition wat…

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