Britain's Sainsbury's and Asda agree 13.3-billion-pound merger

LONDON (Reuters) - Sainsbury's and Asda, the UK arm of Walmart , confirmed on Monday they had agreed a 13.3 billion pounds ($18.33 billion) merger to create Britain's biggest supermarket group by market share, surpassing current leader Tesco .

from Reuters: Business News https://ift.tt/2JFTytt