Company News 

CMA blocks Sainsbury’s-Asda merger

CMA blocks Sainsbury’s-Asda merger

The Competition and Markets Authority (CMA) has blocked the planned merger between Sainsbury’s (SBRY) and Asda, saying it could have led to “a substantial lessening in competition”, leaving the UK’s shoppers and motorists worse off.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now