Sainsbury's held merger talks with Morrisons earlier this year
Summary
J Sainsbury held merger talks with rival grocer Morrisons earlier this year, Sky News reported, a deal that would have been the most significant tie-up in the sector for more than five years. The pair are not believed to be in active talks over any tie-up, but the report reignites speculation about consolidation among supermarkets. The last attempt at a merger on that scale was Sainsbury's £7 billion bid for Asda.
Latest: Sainsbury's held merger talks with rival grocer Morrisons earlier this year, according to Sky News, though the pair are not believed to be in active talks now.
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How it unfolded
Monday 5 October
Sainsbury's held merger talks with rival grocer Morrisons earlier this year, according to Sky News, though the pair are not believed to be in active talks now.
- 11:00The IndependentSainsbury's in merger talks with supermarket giant rival
- 10:44Evening StandardSainsbury’s and Morrisons ‘held talks over a possible merger’
- 08:23Sky NewsSainsbury's held talks about merger with supermarket rival Morrisons