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Sainsbury’s to Merge with Asda

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

The U.K. supermarket landscape is poised for a shakeup. On Monday, Sainsbury’s announced plans to merge with Asda, a wholly owned subsidiary of Walmart. Under the proposed deal, Walmart would control 42 percent and receive 2.97 billion pounds ($4.1 billion), which values Asda at 7.3 billion pounds ($10 billion). Walmart is also expected to receive…

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