UPDATE 1-Sainsbury's and Walmart's Asda close to 10 bln stg merger – source

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UPDATE 1-Sainsbury's and Walmart's Asda close to 10 bln stg merger - source



LONDON, April 28 (Reuters) – Sainsbury’s, Britain’s
No. 2 supermarket, and Asda, the UK arm of Walmart that
is the No. 3 player, are close to securing a merger deal, a
source with knowledge of the situation told Reuters on Saturday.

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