Sainsbury’s and Morrisons held exploratory merger talks this year
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Sainsbury’s and rival supermarket Morrisons held exploratory merger talks this year regarding a multibillion-pound deal, though they are no longer in live discussions. The proposed combination would have created a business with a 23.6% market share, remaining behind Tesco's 27.8%. Morrisons was acquired by US private equity firm Clayton Dubilier & Rice in 2021 in a deal loaded with over £7bn in debt, and was overtaken in market share by Lidl this year. A previous attempt to merge Asda and Sainsbury's in 2019 was blocked by the Competition and Markets Authority over competition concerns.
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