Companies / United Kingdom
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Can Asda Convince Doubters That Sainsbury Purchase Is For The Best?
March 2007 | Company News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Rumours continue to abound that Wal-Mart-owned UK retail major Asda, the market's number-two operator, is considering a bid for market number-three Sainsbury's. If such an acquisition were to take place it would radically alter the UK's grocery retail competitive landscape, which is currently dominated by Tesco. But can Asda find the funds to outbid the private equity consortium that has been circling Sainsbury's and if so, can it convince a competition commission already at odds with the nation's leading retailers that its takeover would represent the best outcome for the retail industry and for