Qatar Investment Authority supportive of Sainsbury’s-Asda merger talks-source
28 Apr Qatar Investment Authority supportive of Sainsbury’s-Asda merger talks-source
Posted at 12:15h
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by KMFSLLP
DUBAI, April 29 (Reuters) – Qatar Investment Authority
(QIA), the biggest shareholder in J Sainsbury Plc, was
aware of merger talks between the British supermarket chain and
rival Walmart Inc’s Asda and is supportive of the
discussions, a source familiar with the matter told Reuters.
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