Sainsbury's in $10 billion swoop on Asda to create top UK supermarket

LONDON (Reuters) - Sainsbury's has agreed to buy Walmart's Asda for about 7.3 billion pounds ($10 billion) to create Britain's biggest supermarket group by market share, overtaking long-standing industry leader Tesco .

Sainsbury's in $10 billion swoop on Asda to create top UK supermarket
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