Sainsbury's ASDA merger sends shockwaves across FTSE

LONDON (Reuters) - British shares traded higher on Monday as the planned merger between Sainsbury's and Asda, the UK arm of Walmart, sent shockwaves through British retail stocks as investors sought to adjust to a potentially game-changing overhaul of the industry.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-stocks/sainsburys-asda-merger-sends-shockwaves-across-ftse-idUKKBN1I110N?feedType=RSS&feedName=topNews