Safeway has reiterated its refusal to recommend William Morrison’s bid for the supermarket chain.
Wal-Mart/ASDA remains the favourite at 7-4, according to the Cantor Index.
The Office of Fair trading emphasised that ministers must not interfere with regulators on politically sensitive mergers.
References: The Times 13/02/03 page 27, page 28 (Need to know), Financial Times 13/02/03 page 24, The Daily Telegraph 13/02/03 page 32
