Re: Sainsbury's and Asda in talks about £10bn grocery merger
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Originally Posted by General Maximus
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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l doubt it as a lot of Sainsbury's daily popular items are already the same price of the other supermarkets generally and as for the Taste The Difference range disappearing there is no chance of that disappearing as that is a extremely popular profitable range which only a fool would get rid of.
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