Deals Report: Starboard and Bristol-Myers Board, Sainsbury-Asda Deal

The video discusses two major business topics. First, it covers the uncertainty surrounding Bristol Myers Squibb's acquisition of Celgene, highlighting Starboard's skepticism about the projected revenue and income figures. The second part shifts focus to the potential merger between Walmart's Asda and Sainsbury's in the UK, which faces significant regulatory hurdles due to antitrust concerns. The UK's CMA has raised issues about market overlap and consumer impact, making the deal unlikely to proceed without major divestitures.

What is the main concern of Starboard regarding the Bristol Myers Squibb and Celgene deal?

• The deal will increase competition in the market.

• The merger will not be approved by regulators.

• The merger will lead to job losses.

• The projected revenue and income figures are too high.

What is the relationship between Walmart and Asda?

• Walmart is a partner of Asda.

• Walmart is a supplier to Asda.

• Walmart owns Asda.

• Walmart is a competitor of Asda.

Why is the Sainsbury's and Asda merger facing challenges?

• Due to high operational costs.

• Because of regulatory concerns about market overlap.

• Because of internal disagreements between the companies.

• Due to lack of consumer interest.

What is the role of the CMA in the Sainsbury's-Asda merger?

• To promote the merger to consumers.

• To manage the logistics of the merger.

• To provide financial support for the merger.

• To ensure the merger complies with antitrust laws.

What is a potential consequence of the Sainsbury's-Asda merger according to the CMA?

• Increased job opportunities.

• Higher pricing pressure on consumers.

• Improved product quality.

• Expansion into new markets.