Tag Archives: proposed merger

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

Consumer body Which? has commented on the findings of the Competition and Markets Authority’s (CMA) Final Report, published today (Thursday April 25), on the proposed merger of Sainsbury’s and Asda, resulting in prohibition of the merger. Which? director of advocacy Caroline Normand said: “The CMA is right to block this …

Read More »

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 …

Read More »

CMA blocks merger between Sainsbury’s and Asda

The Competition and Markets Authority (CMA) has blocked the proposed merger of the Sainsbury and Asda supermarket chains. The CMA’s final report, published today (Thursday April 25)  said that ‘UK shoppers and motorists would be worse off if Sainsbury’s and Asda – two of the country’s largest supermarkets – were …

Read More »