Sainsbury's-Asda tie-up not a done deal yet, experts warn

22nd Jan 2019    |    Source: reuters.com

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Business News January 21, 2019 / 7:26 AM / Updated 6 hours ago Sainsbury's-Asda tie-up not a done deal yet, experts warn James Davey 7 Min Read LONDON (Reuters) - Shortly after last year’s announcement of a $9.4 billion deal to combine the Sainsbury’s (SBRY.L) supermarket group that he runs with rival Asda, boss Mike Coupe was caught on camera singing “We’re in the money”. Shopping bags from Asda and Sainsbury's are seen in Manchester, Britain April 30, 2018.