Gulf Times - UK-regulator
UK regulator blocks $9.4bn takeover of Asda by Sainsbury's

UK regulator blocks $9.4bn takeover of Asda by Sainsbury's

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

UK regulator raises big objections to Sainsbury's-Asda deal

UK regulator raises big objections to Sainsbury's-Asda deal

Britain's competition regulator said on Wednesday Sainsbury's planned $9.5 billion takeover of Walmart-owned Asda should either be blocked or require the sale of a significant number of stores ...