Why The Sainsbury / Asda Merger Is Necessary But Not Sufficient

LONDON (Reuters) - Sainsbury's and Asda, the two British supermarkets planning to merge, had the slowest sales of the "big four" chains in the 12 weeks to April 22, market data showed on Tuesday......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Sainsbury's CEO Mike Coupe was caught singing "We're in the Money" before a TV interview, as Sainsbury's announced a $10B merger with Asda, the UK retailer owned by Walmart......»»

The proposed merger of Sainsbury's and rival supermarket operator Asda would be viable even if regulators forced the group to dispose of 132 stores or more, Sainsbury's house broker UBS said on Tuesday......»»

British regulators say the proposed supermarkets merger between Sainsbury's and Walmart's Asda unit would push up prices and reduce quality for shoppers, casting doubt on a deal that would create the country's biggest grocery chain......»»

The regulator’s unexpectedly harsh ruling gives CEO Mike Coupe a way to abandon the merger. He should take it......»»

British regulators say the proposed supermarkets merger between Sainsbury's and Walmart's Asda unit would push up prices and reduce quality for shoppers, casting doubt on a deal that would create the country's biggest grocery chain......»»

British regulators say the proposed supermarkets merger between Sainsbury's and Walmart's Asda unit would push up prices and reduce quality for shoppers, casting doubt on a deal that would create the country's biggest grocery chain......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Sainsbury's planned 7.3 billion pound ($9.5 billion) takeover of Walmart's Asda can only be salvaged if Britain's competition regulator fundamentally changes its analysis of Britain's grocery market, experts said on Thursday......»»

Walmart , the world's largest retailer, is in talks with possible buyers of a stake in its British supermarket Asda, which it failed to combine with Sainsbury's last year......»»

Walmart , the world's largest retailer, is in talks with third parties regarding a possible investment in Asda, its UK supermarket arm that it tried, and failed, to merge with rival Sainsbury's last year......»»

The boss of British supermarket group Sainsbury's , Mike Coupe, said he was not stepping down in May because of his failure to buy rival Asda last year......»»

Sainsbury's has picked retail boss Simon Roberts to succeed CEO Mike Coupe, the architect of the British retailer's failed bid for rival Asda who will step down in May after six years at the helm......»»

Walmart says it's seriously considering an IPO for its UK unit, Asda, after regulators last month blocked a takeover by Sainsbury's. Julian Satterthwaite reports......»»

Walmart, the world's biggest retailer, said it is considering a stock market listing for its British supermarket arm Asda, whose attempt to combine with rival Sainsbury's was blocked by the UK regulator last month......»»

With Sainsbury's dream of creating Britain's biggest supermarket group in tatters, its chastened CEO Mike Coupe needs to reassure investors he has the plan to arrest a sales decline when he presents annual results next week......»»

Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart-owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco......»»

Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco......»»

Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco......»»