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Sainsbury's and Morrisons held talks on multibillion-pound merger

Original: sainsburys morrisons merger

Sainsbury's and Morrisons reportedly held talks earlier this year about a multibillion-pound merger that would unite two of Britain's biggest supermarket chains. The Guardian reports the discussions, which would reshape the UK grocery market if revived. There is no confirmation a deal is currently on the table, and any combination would face intense scrutiny from competition regulators.

Why now: Reports that two of the UK's largest supermarkets explored a merger would transform the grocery sector and draw regulatory attention

Sainsbury'sMorrisonsThe Guardian

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Evidence

• UK grocer Sainsbury's held merger talks with rival Morrisons, reports say · Reuters
• Morrisons becomes takeover target after Sainsbury’s approach · The Telegraph
• Sainsbury’s and Morrisons ‘held talks this year’ on multibillion-pound merger · The Guardian

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