May 1, 2019 / 6:36 AM / 7 months ago

Sainsbury's boss Coupe says he is sticking with the company

FILE PHOTO: Mike Coupe, the CEO of Sainsbury's leaves 10 Downing Street in London, Britain June 7, 2018. REUTERS/Toby Melville

LONDON (Reuters) - Sainsbury’s Chief Executive Mike Coupe said on Wednesday he was not going anywhere after the regulator blocked his plan to acquire rival Asda.

Asked by BBC radio if he should stay at the company after the competition regulator rejected his flagship plan, he replied: “I’m sticking to the company, I’m very proud of the organisation I run.”

Reporting by Kate Holton; editing by James Davey

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