Top Sainsbury's shareholder QIA backs Asda takeover talks: source | Reuters:
"Qatar Investment Authority (QIA), the biggest shareholder in J Sainsbury Plc, is supportive of merger talks between the British supermarket chain and rival Walmart Inc’s Asda, a source familiar with the matter told Reuters. Sainsbury’s statement regarding the discussions on Monday will reflect QIA’s position on the matter, the source said. Sainsbury’s declined to comment on Sunday."
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