UK: Asda, Sainsbury deny any truth in Safeway bid rumours
UK retailers Asda and Sainsbury have dismissed rumours that they are mulling a joint bid for sector rival Safeway as pure speculation. A report in The Business newspaper yesterday [Sunday] claimed that Sainsbury, the UK's second-largest supermarket operator, and Wal-Mart subsidiary Asda, the third-largest grocer in the UK, have held talks about how they might carve up Safeway. The paper said Asda wanted to take Safeway's larger stores while Sainsbury would take the high-street portfolio.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- US food next wave on display at Winter Fancy Food
- Does Kraft Heinz want to swallow Unilever whole?
- Comment: Meal kits in US - don't believe the hype
- How General Mills plans to grow - CAGNY
- Focus: Nestle CEO plan to balance sales, earnings
- Unilever launches operational review
- Kraft Heinz pulls Unilever bid
- Kerry operating earnings strengthen on slow sales
- Glanbia focuses on nutrition with Irish dairy spin
- General Mills issues profit warning