Sainsbury’s/Asda Confirm Merger Plans: What The Analysts Said
Published on Apr 30 2018 6:28 AM in Retail tagged: Featured Post / Sainsburys / Merger / Barclays / Asda / Shore Capital / Euromonitor International / Bernstein Research / Moody's / Savvy / GlobalData / S4RB / Paywall / AJ Bell / Retail Economics / Gordons LLP
The news that Sainsbury’s and Asda, the UK’s number two and number three supermarkets respectively, could be on the verge of a historic merger, has sent shockwaves through the industry.
This morning (30 April), Sainsbury's issued a statement saying that it has 'agreed terms in relation to a proposed combination of Sainsbury's and Asda Group', to create a 'dynamic new player in UK retail'.
Here’s what some of the UK’s leading retail analysts are saying about the deal.
Philip Benton, Euromonitor International
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