Historic and pivotal was how Sainsbury’s chairman David Tyler described the company’s plan to merge with Walmart subsidiary Asda when it was formally announced on Monday.
Defensive and rational were the adjectives preferred by many analysts. Whether the combination makes UK food retailers more appealing investments depends on the response of regulators — and rivals.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
