EXPLAINER: With Merger Blocked, What Happens To Sainsbury's And Asda?

April 25, 2019 2:44 PM By Donna Ahern

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EXPLAINER: With Merger Blocked, What Happens To Sainsbury's And Asda?

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Britain's competition regulator on Thursday blocked Sainsbury's £7.3 billion ($9.4 billion) takeover of Asda, saying it would have resulted in higher prices for shoppers.

With their plan to overtake market leader Tesco thwarted, what next for Sainsbury's and Walmart owned Asda?

What Does Sainsbury's Do Now?

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