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Current Position:Home » News » General News » Topic

Merger may force Sainsbury and Asda to sell up to 300 stores

Zoom in font  Zoom out font Published: 2018-08-22  Views: 17
Core Tip: Sainsbury's and Asda might have to dispose of stores in up to 300 locations across Britain if the two grocers are to succeed in convincing regulators to approve their proposed merger.
 Sainsbury's and Asda might have to dispose of stores in up to 300 locations across Britain if the two grocers are to succeed in convincing regulators to approve their proposed merger.
 
In a sign of the potential regulatory challenge facing the companies, an analysis using modelling techniques typically employed by the Competition and Markets Authority shows that there are at least 300 areas where the merger could run into local competition concerns.
 
According to an article on thetimes.co.uk, about half of these 300 areas could be deemed problem locations where both Morrison or Tesco, the ‘natural’ buyers of Sainsbury’s or Asda stores, might not be able or want to buy the outlets.
 
 
keywords: stores
 
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