Sainsbury And Asda Agree Merger

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Sainsbury And Asda Agree Merger

A Sainsbury's Local store is pictured in London on May 1, 2018. Sainsbury’s is on track to become Britain’s biggest supermarket after agreeing a deal with Asda’s owner, Walmart. Under the deal, Walmart will own 42% of the combined company, which will control around a third of supermarket revenues. The two companies have agreed that prices could fall by up to 10% on some popular items if the deal is approved. (Photo by Alberto Pezzali/NurPhoto)


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