Merger

Sainsbury's-Asda Deal Could Live With Upwards Of 132 Store Disposals: UBS

The proposed merger of Sainsbury's and rival supermarket operator Asda would be viable even if regulators forced the group to dispose of 132 or more stores...

Activist Fund Elliott Set To Shake Up Drinks Giant Pernod

Elliott Management has taken a stake in Pernod Ricard and wants the family-backed French drinks company to try to improve its performance vi...

Sainsbury's And Asda Seek Extra Time For Merger Inquiry

Sainsbury's and Asda, the two British supermarkets that want to combine their businesses, have asked for a delay in the competition inquiry into their prop...

Tesco Says Sainsbury's-Asda Deal Needs 'Extensive Remedies'

British supermarket group Sainsbury's proposed takeover of rival Asda would not be cleared by the competition regulator without the need for 'extensive rem...

UK’s CMA Examining Lakeland Dairies, LacPatrick Dairies Merger

The UK’s Competition and Markets Authority (CMA) has announced that it is investigating the planned merger between Ireland’s Lakeland Dairies a...

German Regulator Approves Kaufhof-Karstadt Merger

Germany's antitrust regulator on Friday approved the planned merger of department store chains Kaufhof and Karstadt, owned by Canada's Hudson's Bay Co (HBC...

Asda To Consult Staff Over Potential Job Cuts

UK supermarket chain Asda is to commence consultations with its staff on a cost-cutting measure that could potentially result in the loss of around 2,500 j...