date:Nov 16, 2018
ins competition regulator. Sainsburys agreed in April a 7.3bln pounds ($9.5bln) cash and shares takeover of Wal-Marts (WMT.N) Asda - a combination that could overtake Tesco as Britains biggest supermarket group if it is approved by the Competition and Markets Authority (CMA). The CMA is currently investigating the deal and seeking views from interested parties. It said last month it expected to issue provisional findings early next year.
Source: reuters.com
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