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Re: Sainsbury's and Asda in talks about £10bn grocery merger
More quotes and analysis of the proposed merger.
Quote:
Richard Lim, from economics research consultancy Retail Economics, said the merger would be a "game changer in the UK grocery market of epic proportions".
"The potential tie-up would see the combined business take Tesco head-on," he added.
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Quote:
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"This is quite audacious by Sainsbury's - given it has only recently bought Argos. It's symptomatic though of the restructuring of the supermarket industry."
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http://www.bbc.co.uk/news/business-43933517
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