Sainsbury and Boots merger hinted at
LONDON - A possible merger of the supermarket group J Sainsbury and Boots the Chemist has been hinted at by Sainsbury chief executive, Sir Peter Davis.
In an interview in the Sunday Times, Sir Peter, a former member of the Boots board, indicated that if the recently signed deal between the two companies is successful, then there was the possibility of a bigger deal.
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Last month, the two retailers signed a deal that will see Boots health and beauty products on sale within certain Sainsbury stores.
He said that they will know within a year if the arrangement with Boots is working.
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Sir Peter Davis, Sainsbury
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