There’s plenty of authors heading down to the National Book Festival on 2nd September.
Sainsbury’s, the second-biggest supermarket chain in the UK, has halted discussions of its £130m takeover bid with wholesaler Nisa until the the Competition and Markets Authority (CMA) publishes its ruling on a similar deal between Tesco and Booker.
Tesco and Sainsbury’s are taking over the independent corner shop market in Britain.
Tesco, the UK’s biggest supermarket chain and Booker, the UK’s largest food wholesaler asked the competition regulator to fast-track its probe into their planned £3.5bn merger.
The competition watchdog has launched an initial investigation into Tesco’s planned £3.7bn takeover of Booker, the largest UK wholesaler.
Booker, the UK’s largest wholesaler responsible for supplying goods to over 125,000 convenience stores across the country, has seen a sharp fall in tobacco sales.