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JSAIY J Sainsbury Plc (QX)

13.93
0.00 (0.00%)
12 Aug 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
J Sainsbury Plc (QX) USOTC:JSAIY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 13.93 13.93 13.93 0.00 01:00:00

J Sainsbury Shareholder Backs Asda Merger -Times of London

22/08/2018 9:50am

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J Sainsbury (QX) (USOTC:JSAIY)
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--J Sainsbury PLC's third-largest shareholder Martin Walker has backed the supermarket chain's proposed GBP12 billion merger with Asda, reports the Times of London.

--Mr. Walker, U.K. equities fund manager at Invesco Perpetual, said the proposed tie-up will help Sainsbury go "toe-to-toe" with rival Tesco PLC, the Times reports.

--The fund manager is the first significant investor to publicly back the merger.

 

Full story: https://bit.ly/2OXgPcO

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

-0- 

(END) Dow Jones Newswires

August 22, 2018 04:35 ET (08:35 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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