J Sainsbury PLC, the chain's corporate name, released no other information about the potential deal and said it would make another announcement before the stock market opens today.
If the deal goes ahead, Walmart, which has owned Asda since 1999, will receive Sainsbury's shares in exchange for Asda's circa 600 supermarkets, becoming the company's biggest shareholder.
It is understood that any investigation by the Competition Markets Authority (CMA) would only be announced once an intention to merge was formally unveiled.
Shadow business secretary Rebecca Long-Bailey echoed Sir Vince's calls, warning the merger risks "squeezing what little competition there is in the groceries market even further".
Supermarket giant Sainsbury's, which yesterday revealed it is in merger talks with Asda, is set to report a fresh fall in profits this week. These are two of the UK's "big four" supermarkets and they are more or less neck-and-neck in terms of market share, holding around 16pc each. "GMB will be making sure the voices of supermarket workers are not lost amid all the talk of mergers and acquisitions".
Armenia marks Ottoman massacres after leader quits
The former U.S. presidents, starting from 1981, including Barack Obama, also refused to call the historical events a "genocide". Los Angeles police said all of the affected streets will be closed from 8 a.m.to 3 p.m.
Joanne McGuinness, Usdaw national officer, said: "Our priorities will be to protect our members and ensure any deal between the retailers does not impact on their jobs or incomes".
It's yet to be reported how exactly the deal would work, but it is believed that one possibility would see Wal-Mart turn Asda stores into Sainsbury's and hold a big stake in the combined group.
"The middle ground has been squeezed the most by the inevitable march and expandability of the discounters, a reinvigorated Tesco with Booker under its wing is less arrogant and more relevant than with support from suppliers and conversion with shoppers - so the potential of Sainsbury's and Asda joining forces creates a new dimension for the United Kingdom grocery market", she said.
The traditional high street has come under increasing pressure in recent years, with the growth in online retailers. In 2016 Sainsbury's purchased general merchandise retailer Argos for 1.1 billion pounds.
George MacDonald, editor of Retail Week, said the grocery industry had been shaken up by low-priced supermarkets such as Aldi and Lidl.
"He'd say 'do you want me to kill you?' and I said 'I don't care.' And I just knew I wasn't going to give him that satisfaction". The case gained renewed interest when McNamara started posting her research on the case on her website True Crime Diary .
Former Valor Christian star Christian McCaffrey was picked in the first round past year by the Carolina Panthers. Gesicki, a 6-foot-6, 249-pounder from Stafford Township, could make an immediate impact in the NFL.
Police said an additional attempted murder charge would be laid against the 25-year-old from Richmond Hill, Ont., by day's end. Friend Thilina Pelendage said Amarasingha was known for her joking nature, and for never forgetting people's birthdays.
The bank made the announcement after reporting a fall in net income to 120 million euros ($146 million) in the first quarter. Amundi Pioneer Asset Management Inc. bought a new position in Deutsche Bank in the fourth quarter worth about $303,402,000.
After all, consumers are already taking on three costs - of medications, water treatment, and the effects of drug misuse. During the event, residents can safely dispose of unwanted, unused or expired prescription medication.
The NFL conducted an investigation and found no evidence that any team asked Guice inappropriate questions. Those aren't pedestrian numbers for most backs, but for Guice, they fell short of his expectations.
Gasoline stocks were down (-3.0m vs. -0.3m expected) while distillate stocks (-3.0m vs. -0.4m expected) were also down. There is a price divergence in the market that could raise some concerns amongst traders.
Unlike the wild colors of the initial Spectacles , the new models are available in more muted colors, Onyx, Ruby and Sapphire. Now again Snapchat is trying their luck in the spectacles department by launching the V2 of the Spectacles.
Showers move out today, attractive Thursday follows
Temperatures will fluctuate over the week as two cold fronts move in, bringing rain into what looks to be a warmer week than last. Yesterday's rain showers were replaced by lots of sunshine today , very light winds, and highs in the low 60s.
ECB's Draghi talks the latest on rates and bond-buying
It is up around 1.5 percent against the US dollar so far this year and was trading at $1.2155 shortly after 1 p.m. Business confidence in the 19-country bloc has already taken a knock, most notably in export-focused Germany.