announce the Sainsbury’s, as well as the two retail companies have reached agreement on the terms of the transaction.
This is the second attempt to the agreement of both companies, as Sainsbury’s had filed and in the past a corresponding proposal, which was considered as insufficient by the shareholders of Home Retail.
The completion of the deal it is now, to the judgement of the supervisory authorities of Britain, which will soon meet in order to approve or reject the transaction.
Sainsbury’s: Agreement for the acquisition of Home Retail compared to 1,32 billion. £
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