Sainsbury's share price plummets 14% as CMA threatens to block merger

Lloyds share rise on results

Tom Eckett
clock • 1 min read

Sainsbury's share price collapsed in morning trading on Wednesday after the Competition and Markets Authority (CMA) warned the proposed merger with Asda would create "extensive" competition concerns.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

UK IPO proceeds increase 215% in early sign of revival

UK IPO proceeds increase 215% in early sign of revival

EY-Parthenon analysis

Michael Nelson
clock 08 July 2026 • 2 min read
Market Movers blog: Markets plummet and oil price spikes after Trump declares Iran ceasefire 'over'

Market Movers blog: Markets plummet and oil price spikes after Trump declares Iran ceasefire 'over'

Latest news and analysis

Investment Week
clock 08 July 2026 • 1 min read
Circe Invest's Fiona Frick: Staying invested when the old rules break

Circe Invest's Fiona Frick: Staying invested when the old rules break

Broken assumptions

Fiona Frick
clock 07 July 2026 • 4 min read
Trustpilot