UPDATE 1-Britain's Sainsbury's and Asda agree 13.3 bln stg merger

LONDON, April 30 (Reuters) - Sainsbury's and Asda, the UK arm of Walmart, confirmed on Monday they had agreed a 13.3 billion pounds ($18.33 billion) merger to create Britain's biggest supermarket group by market share, surpassing current leader Tesco.


from Reuters: Company News https://ift.tt/2KoXQq0

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