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Sainsbury's Nisa takeover talks pause

J Sainsbury Plc has delayed takeover talks with the wholesale group Nisa for a deal worth £130 million, The Guardian reported Aug. 14, citing someone with knowledge of the deal.

The move came after the Competition and Markets Authority showed serious concerns about a similar merger between Tesco Plc and the grocery wholesaler Booker.

Sainsbury remains interested in the deal but has decided to pause until it better understands how the authorities are reviewing the similar deals, according to the publication.

Both Sainsbury and Nisa declined to comment on the matter.