Topic - Sainsbury'S

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An exterior view of the Sainsbury's flagship store in the Nine Elms area of London, Monday, April 30, 2018. Sainsbury's has agreed to buy Walmart's U.K. unit, Asda, for 7.3 billion pounds ($10.1 billion) in cash and stock in a deal that would create Britain's largest supermarket chain and marks a profound shift in the country's grocery market. (AP Photo/Matt Dunham)

CEO caught on TV singing ‘We’re in the Money’ after takeover

Associated Press

FILE - In this file photo dated Tuesday July 17, 2007, the sign of an Asda store in Wallington, England. It is reported Monday April 30, 2018, Sainsbury's has agreed a merger deal with Walmart Inc.'s U.K. unit, Asda, for 7.3 billion pounds (dollars 10.1 billion U.S.) in cash and stock in a deal that would create Britain's largest supermarket chain, but the deal will be subject to review by Britain's Competition and Markets Authority. (AP Photo/Tom Hevezi, FILE)

Walmart to sell UK unit as it focuses on other markets

By DANICA KIRKA and ANNE D'INNOCENZIO - Associated Press