Sainsbury’s is putting on hold a potential bid for Nisa due to concerns about how the Competition and Markets Authority might view such a bid and the regulator’s initial views on Tesco’s offer for Booker, according to people with knowledge of the matter.
The retailer has decided to pause discussions with Nisa until it better understands how the regulator would review any deal, one person said.
Exclusive talks are thought to have ended on Friday, leaving the way open for other parties to express interest, among them the Co-operative Group.
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