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Sainsbury’s ceo comments on CMA decision to block Sainsbury’s/Asda merger

The Competition and Markets Authority (CMA) has today (Thursday April 25) published its Final Report on the proposed merger of Sainsbury’s and Asda, resulting in prohibition of the merger. As a result, Sainsbury’s and Asda have mutually agreed to terminate the transaction. Sainsbury’s ceo Mike Coupe said: “The specific reason …

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