http://www.bbc.com/news/business-43933517
Apparently Walmart (Who Owns Asda) has given the green light on this
Sainsbury's and Asda close to Merging
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Re: Sainsbury's and Asda close to Merging
I don't understand the transaction. Who will the controlling entity be?
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Re: Sainsbury's and Asda close to Merging
It appears that Sainsbury's would be the controlling entity.storewanderer wrote: ↑April 29th, 2018, 6:56 pm I don't understand the transaction. Who will the controlling entity be?
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Re: Sainsbury's and Asda close to Merging
So this is Wal Mart essentially exiting Asda?arizonaguy wrote: ↑April 29th, 2018, 8:37 pmIt appears that Sainsbury's would be the controlling entity.storewanderer wrote: ↑April 29th, 2018, 6:56 pm I don't understand the transaction. Who will the controlling entity be?
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Re: Sainsbury's and Asda close to Merging
That's what it seems, but the article doesn't actually say so.storewanderer wrote: ↑April 29th, 2018, 10:16 pmSo this is Wal Mart essentially exiting Asda?arizonaguy wrote: ↑April 29th, 2018, 8:37 pmIt appears that Sainsbury's would be the controlling entity.storewanderer wrote: ↑April 29th, 2018, 6:56 pm I don't understand the transaction. Who will the controlling entity be?