Tuesday, 6 October 2026

News n More

Business

Sainsbury’s and Morrisons ‘held talks this year’ on multibillion-pound merger

Deal would have created a supermarket with a market share of 23.6%, still well behind Tesco’s 27.8%Sainsbury’s held merger talks with rival Morrisons this year to discuss a multibillion-pound deal that would have been the biggest shake-up for UK supermarkets in decades, according to reports.The two companies held exploratory negotiations, according to the Financial Times and Sky. It is believed…

Deal would have created a supermarket with a market share of 23.6%, still well behind Tesco’s 27.8%Sainsbury’s held merger talks with rival Morrisons this year to discuss a multibillion-pound deal that would have been the biggest shake-up for UK supermarkets in decades, according to reports.The two companies held exploratory negotiations, according to the Financial Times and Sky. It is believed…

Read the full story on Business | The Guardian

Source: Business | The Guardian

Join the conversation

Your email address will not be published. Required fields are marked *