The merged company (subject to regulatory approval) will be larger than Tesco, with combined revenues of £51bn.
There are no plans to close Sainsbury's or Asda stores. However, there are "Rudd type targets" of £500m "operational efficiencies".
Sainsbury's claim that customers would see benefits including price cuts of 10% on many of the products that customers buy regularly.
We shall see, the proof of the pudding is in the eating!