Sainsbury’s and Morrisons ‘held talks over a possible merger’

Supermarket Sainsbury’s held early-stage talks with smaller rival Morrisons earlier this year over a potential merger, according to reports (Mike Egerton/PA) - (PA Archive)

Supermarket Sainsbury’s held early-stage talks with smaller rival Morrisons earlier this year over a potential merger, according to reports.

Sainsbury’s – Britain’s second-biggest grocery chain – is understood to have kicked off preliminary discussions in November last year after a possible multibillion-pound deal before Sainsbury’s walked away in February.