Edition:
United Kingdom

J Sainsbury PLC (SBRY.L)

SBRY.L on London Stock Exchange

233.60GBp
22 Feb 2019
Change (% chg)

0.20 (+0.09%)
Prev Close
233.40
Open
233.20
Day's High
236.50
Day's Low
231.50
Volume
9,728,648
Avg. Vol
7,464,596
52-wk High
341.80
52-wk Low
224.70

Latest Key Developments (Source: Significant Developments)

Sainsbury Issues Statement On UK CMA's Findings Related To Asda Merger
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - J Sainsbury PLC ::STATEMENT RE CMA PROVISIONAL FINDINGS."FUNDAMENTALLY DISAGREE" WITH PROVISIONAL FINDINGS BY CMA.J SAINSBURY PLC SAYS "COMBINING SAINSBURY'S AND ASDA WOULD CREATE SIGNIFICANT COST SAVINGS WHICH WOULD ALLOW US TO LOWER PRICES" .WILL BE WORKING TO UNDERSTAND RATIONALE BEHIND CMA'S FINDINGS AND WILL CONTINUE TO MAKE CO'S CASE IN COMING WEEKS.  Full Article

Britain's CMA Extends Reference Period for Sainsbury's-Asda deal
Monday, 11 Feb 2019 

Feb 11 (Reuters) - J Sainsbury PLC ::BRITAIN'S CMA SAYS HAS EXTENDED REFERENCE PERIOD FOR SAINSBURY'S - ASDA DEAL TO APRIL 30.BRITAIN'S CMA SAYS NEEDS TO CONSIDER ISSUES RAISED BY THE MAIN PARTIES’ AND THIRD PARTIES’ SUBMISSIONS OVER THE DEAL.  Full Article

Uk Competition Appeal Tribunal on Sainsbury's Asda deal
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Competition Appeal Tribunal judgment on timetable for inquiry into J.Sainsbury/Asda deal. :.  Full Article

J Sainsbury Says Its CFO Appointed As Non-Executive Director Of Centrica
Tuesday, 15 Jan 2019 

Jan 16 (Reuters) - J Sainsbury PLC ::DIRECTOR DECLARATION.KEVIN O'BYRNE, CHIEF FINANCIAL OFFICER, HAS BEEN APPOINTED AS A NON-EXECUTIVE DIRECTOR OF CENTRICA PLC.  Full Article

Sainsbury's Hunts Successor To Veteran Bank Chief - Sky News
Thursday, 3 Jan 2019 

Jan 3 (Reuters) - :SAINSBURY'S HUNTS SUCCESSOR TO VETERAN BANK CHIEF - SKY NEWS.PETER GRIFFITHS, WHO HAS RUN SAINSBURY'S BANK SINCE 2012, IS TO STEP DOWN FROM THE ROLE NEXT YEAR - SKY NEWS.  Full Article

UK's CMA Comments On Sainsbury's/Asda Judicial Review Application
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - UK's CMA::UK'S CMA ISSUES STATEMENT ON SAINSBURY’S/ASDA JUDICIAL REVIEW APPLICATION.IF IT GIVES SAINSBURY'S, ASDA EXTRA TIME, IT WOULD PUT ABILITY TO COMPLETE INVESTIGATION BY REQUIRED DEADLINE AT "VERY SERIOUS RISK".HAVE DONE EVERYTHING TO AID SAINSBURY'S, ASDA IN REVIEW, INCLUDING EXTENDING ADMINISTRATION TIMELINES WHERE APPROPRIATE.  Full Article

Sainsbury Says Martin Scicluna Joins Board As Chairman Designate
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - J Sainsbury PLC ::SAINSBURY(J) PLC - BOARD APPOINTMENT.J SAINSBURY PLC - AS ANNOUNCED ON 11 JULY 2018, MARTIN SCICLUNA HAS JOINED BOARD AS CHAIRMAN DESIGNATE AND NON-EXECUTIVE DIRECTOR..  Full Article

Unite Takes Legal Steps Against Sainsbury's Over 'Sign Or Be Sacked' Contracts Row
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - UK's Unite::UK'S UNITE- GEARING UP FOR LEGAL BATTLE WITH SAINSBURY’S OVER A COLLECTIVE GRIEVANCE BY THE UNION’S MEMBERS IN THE ‘SIGN OR BE SACKED’ CONTRACTS ROW.UK'S UNITE UNION - TAKEN LEGAL STEPS TO PROTECT EMPLOYEES THAT HAVE BEEN TOLD BY SAINSBURY’S THEY HAD TO SIGN NEW CONTRACTS BY SEPT. 23 OR BE SACKED.UK'S UNITE- DISPUTE WITH SAINSBURY'S OVER PROPOSAL TO INCREASE PAY TO £9.20 AN HOUR FOR WORKERS AT 1,400 STORES FROM THIS MONTH.  Full Article

Asda Responds To UK's CMA Investigation Into Sainsbury Deal
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Asda::ASDA RESPONDS TO UK'S CMA INVESTIGATION INTO ASDA-SAINSBURY DEAL; SAYS CONFIDENT CMA WILL TAKE EVIDENCE-BASED APPROACH TO ASSESSMENT OF DEAL.  Full Article

Sainsbury Responds To UK's CMA Investigation Into Asda Deal
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - J Sainsbury PLC ::SAINSBURY RESPONDS TO UK'S CMA INVESTIGATION INTO ASDA-SAINSBURY DEAL; SAYS CONFIDENT IN ITS CASE & LOOKS FORWARD TO WORKING CLOSELY WITH CMA.  Full Article

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For Sainsbury and Asda, watchdog's analysis leaves merger in serious doubt

LONDON Sainsbury's planned £7.3 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.