Despite the initial positive reaction from investors and consumers, fund managers have warned the merger between Sainsbury's and Asda may encounter a number of difficulties due to the structural changes taking place in the UK food retail industry.
On 30 April Sainsbury's shares jumped 20.6% as the second and third largest UK supermarkets confirmed they would be combining to form one entity of 2,800 stores with 31% of the market share, more than...
Joe McDonnell joins as head of portfolio solutions (EMEA)
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