J Sainsbury PLC (SBRY.L)
21 Nov 2018
Tue, Oct 16 2018
LONDON Britain's competition regulator will include German discounters Aldi and Lidl, and online giant Amazon, in its market probe of Sainsbury's proposed takeover of Asda, boosting the deal's chances of being approved without a big sale of stores.
* Regulator launched in-depth investigation of deal last month
LONDON, Oct 16 Britain's competition regulator said it would include German discounters Aldi and Lidl, and online retailer Amazon in its probe into Sainsbury's and Asda's proposed merger, as well as long-standing supermarket rivals such as Tesco.
Aug 23 UK's competition regulator is starting a formal investigation into the proposed merger of supermarket chains Sainsbury and Walmart's Asda.
* Asda sales up 3.7 pct in 12 weeks to July 15 - Kantar Worldpanel * Sainsbury's sales up 0.8 pct * Sainsbury's agreed 7.3 bln stg deal to buy Asda in April * Sainsbury's shares down 0.4 pct (Adds details of Kantar commentary, updates shares) By James Davey LONDON, July 24 Asda, the British supermarket arm of Walmart, recorded its strongest sales growth in more than five years over the last quarter, while Sainsbury's , which has agreed to buy its smaller riv
* Anglo American up on report of possible bid for South Africa business
LONDON, July 4 Britain's top share index fell back on Wednesday, weighed down by fresh weakness among miners and energy stocks, though investors cheered Sainsbury's trading update.
LONDON A British parliamentary committee will question the CEOs of the UK's no.2 supermarket Sainsbury's and its third-biggest supermarket Asda ahead of their proposed combination, as scrutiny of the deal cranks up.
LONDON, June 13 A British parliamentary committee will question the CEOs of the UK's no.2 supermarket Sainsbury's and its third-biggest supermarket Asda ahead of their proposed combination, as scrutiny of the deal cranks up.
* HOURLY RATE FOR EMPLOYEES TO INCREASE FROM £8 TO £9.20 PER HOUR
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