Steve Smith comments about the Sainsbury-Walmart deal blocked by the antitrust authorities


Steve Smith spoke with the press after Sainsbury dropped its bid to buy Asda after UK antitrust authorities formally blocked the merger of the grocery stores.

“It was always a challenging transaction, it required a leap of faith from the regulator that the market had already kicked in a new direction” he commented on Fortune.

The article was also published on Bloomberg, the Irish Times, and Yahoo Finance.

Stephen Smith


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