Sainsbury’s in merger talks with Asda
Sainsbury’s has confirmed that it is discussing a merger with Asda, the UK division of Walmart. In a statement on Saturday (28th April), the company said: “J Sainsbury plc (“Sainsbury’s”) notes the speculation concerning a possible combination with Asda Group Limited (“Asda”). Sainsbury’s confirms that it and Walmart Inc are in advanced discussions regarding a…