City snapshot: CMA opens Sainsbury’s/Asda investigation

sainsbury's - asda merger

The UK Competition and Markets Authority has opened its investigation into the Sainsbury’s/Asda retail mega-deal, asking interested parties to submit their initial views by 4 June. Plus, KP Snacks owner Intersnack has struck a cut-price deal to buy struggling Tyrrells, C&C Group to split Matthew Clarke and Bibendum and all the rest of the latest news from the City.

 

Already have an account? Sign in here

You’ve used up your article allowance

Sign up to read more stories for free

Register now