Over the weekend, news broke of a “mega-merger” between Sainsbury’s and Asda. Here’s how Twitter reacted to the story:
Sainsbury is considering buying Asda from Walmart https://t.co/7ioevSdF7C pic.twitter.com/Low1ZroURB
— Bloomberg (@business) April 28, 2018
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Have a nagging feeling that there might be a huge Amazon-shaped wildcard still to be played in all this 🤔
— Bryan Roberts (@BryanRoberts72) April 28, 2018
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Jefferies analysts suggest punchiest response from Morrisons to Sainsbury’s/Asda proposed merger would be a bid for Sainsbury’s.. but how abt a counter bid for Asda? surely more brand synergy and might have an easier ride with regulators, although both are concentrated up north
— Sarah Butler (@whatbutlersaw) April 30, 2018
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Sainsbury’s Asda £10bn combination play: what we know and what it means
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I think we can now see why @sainsburys was happy to lets its interest in @NisaRetail slide - the @asda has been in the pipeline for about a year pic.twitter.com/HsGMHB6CJp
— Ronan Hegarty (@ronyhegs) April 30, 2018
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What a week!
— My name is Searle, making the world a better place (@IanSearle) April 28, 2018
First North and South Korea, now Sainsbury’s and Asda.
What next? Abba reforming…? Oh!
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Repeat of Safeway takeover by Morrison’s where some stores had to be sold off to Waitrose because of % retail market. Asda & Sainsbury not obvious bedfellows, culturally v different. Rocky road ahead there
— Naomi Langford-Wood (@NaomiLWood) April 28, 2018
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Sainsbury’s and Asda tie-up targeting 10% drop in prices for customers. Suppliers have already been squeezed by the supermarket price war, getting more saving from suppliers may prove tough.
— Ben Woods (@Ben_Woods01) April 30, 2018
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No plans to close any stores, but with 75 Asda stores in the same postcode district as a Sainsbury’s store (excluding Sainsbury’s Locals) we expect the CMA will demand disposals pic.twitter.com/W2oYyPbr2n
— Patrick O’Brien (@pat_gdretail) April 30, 2018
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Sainsbury’s and Asda to merge? New premium branding revealed… pic.twitter.com/snAGl3xnyY
— Jamie Sword (@sword_jamie) April 28, 2018
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