UK supermarket giants Sainsbury's, Asda clinch $18 bln merger deal

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Britain's second and third biggest supermarket chains Sainsbury's and Walmart-owned Asda have agreed to merge, the pair said Monday, creating a £13-billion ($18-billion, 15-billion-euro) retail king that would leapfrog Tesco.

from The Daily Star >> Live News https://ift.tt/2HGkkRI