J Sainsbury PLC (SBRY.L)
20 Jul 2018
* Anglo American up on report of possible bid for South Africa business
LONDON (LPC) - UK supermarket Sainsbury’s has agreed 3.5 billion pounds of syndicated loans to back its proposed £7.3bn acquisition of Walmart's Asda, the company said on Wednesday.
LONDON, July 4 Britain's top share index fell back on Wednesday, weighed down by fresh weakness among miners and energy stocks, though investors cheered Sainsbury's trading update.
June 19 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
LONDON, June 13 A British parliamentary committee will question the CEOs of the UK's no.2 supermarket Sainsbury's and its third-biggest supermarket Asda ahead of their proposed combination, as scrutiny of the deal cranks up.
* HOURLY RATE FOR EMPLOYEES TO INCREASE FROM £8 TO £9.20 PER HOUR
LONDON Britain's competition regulator has invited all interested parties to submit their views on a proposed 7.3 billion pound ($9.9 billion) deal to combine Sainsbury's with Walmart's Asda supermarket chain.
* UK business minister wants suppliers to be considered (Adds intervention by UK business minister)
LONDON, May 18 Britain's competition regulator on Friday invited all interested parties in the proposed deal to combine Sainsbury's with Walmart's Asda to comment on the impact it could have.
LONDON, May 10 Morrisons, Britain's fourth biggest supermarket operator, beat forecasts for first-quarter underlying sales growth helped by growth in its wholesale business.