Sainsburys share price has fallen ~15% today after the CMA said
It could block the deal or force the sale of a large number of stores or even one of the brand names.
Although they didn’t say that they would definitely block the deal & the Sainsbury’s chief executive
described the CMA’s analysis as “fundamentally flawed” and said the firm would be making “very strong representations” to it about its “inaccuracy and lack of objectivity”.
so perhaps there’s still a chance that it’ll go ahead? The CMA’s due to make their final decision on the 30th April.