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Retail

Sainsbury's-Asda Merger In Doubt: What The Analysts Said

By Steve Wynne-Jones
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Sainsbury's-Asda Merger In Doubt: What The Analysts Said

The UK's Competition and Markets Authority cast the planned Sainsbury's-Asda merger in doubt this morning, with the watchdog stating that it has ‘extensive competition concerns’ about the planned deal.

Sainsbury's and Asda have since issued a statement noting that the CMA's findings ‘fundamentally misunderstand' the modern grocery industry, accusing the watchdog of 'moving the goalposts'.

Here's how leading retail analysts viewed the CMA's announcement.

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