Sainsbury’s & Asda CMA Decision – What The Analysts Said
As was widely expected, the UK’s Competition and Markets Authority (CMA) has blocked Sainsbury’s proposed takeover of rival Asda.
"We have concluded that there is no effective way of addressing our concerns, other than to block the merger," commented Stuart McIntosh, chair of the CMA inquiry group.
Here’s how leading retail analysts viewed the CMA’s announcement:
Russ Mould, AJ Bell
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