Monday, 29 April 2019

UK regulator blocks Sainsbury's $9.4 billion takeover of Walmart's ASDA

Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart-owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco.


from Reuters: Business News https://reut.rs/2GGsfQP

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I own a Minneapolis bike shop that shut down for the strike. Closing was a big ask for a small business, but worth it to help my community.

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