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UK Watchdog To Probe Sainsbury's Bid For £7B Walmart Unit

By Matt Bernardini (August 23, 2018, 5:34 PM EDT) -- The U.K.'s competition watchdog said Thursday it has opened an investigation into Sainsbury's planned purchase of Walmart Inc.'s U.K. subsidiary, saying it will examine whether the merger, which values the Walmart unit at £7.3 billion ($9.36 billion), will lead to less choice and higher prices for consumers....

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