The merger between Sainsbury’s and Asda had been thrown into doubt after the competition watchdog raised consumer-based concerns, including higher prices and reduced quality and choice for customers. A provisional verdict on the merger, the CMA said it had found “extensive competition concerns”. In a statement the CMA said the merger would create a “substantial lessening of competition at both a national and local level”.
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Sainsbury's and Asda offer to sell off up to 150 stores in merger bidSainsbury's and Asda have offered to sell up to 150 stores in an attempt to address concerns raised by competition authorities over their planned merger. Shouldn't happen, the merger I mean. Who will be the biggest share holder ? Because if it's sainsburys everybody will need to remortage their houses to shop in them Sainsda?
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