Thread: Sainsbury's and Asda in talks about £10bn grocery merger
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Old 01-05-2018, 13:46   #60
General Maximus
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Re: Sainsbury's and Asda in talks about £10bn grocery merger
Quote:
Originally Posted by Damien View Post
That's pretty bad IMO.
Not really, Asda is worth more. You would think that Sainsburys would be majority shareholder as they are buying it but it makes sense that the company that is worth more retains control. My only worry is that Walmart drag Sainsburys downhill because as far as they are concerned everything is about price and cost and i can see the Taste The Difference range disappearing.
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