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Walmart is retreating from Europe, merging its UK supermarket business Asda with bigger rival Sainsbury's.In return, Walmart will receive ￡2.97 billion (.1 billion) in cash and a 42% stake in the combined business, the companies said in a statement on Monday.The deal values Asda at ￡7.3 billion ( billion), and creates a mega retailer with 2,800 stores and combined sales of roughly ￡51 billion ( billion).The sale of Asda follows Walmart's exit from Germany, its other major outpost in Europe, in 2006.Walmart could use the cash to fuel its expansion in other international markets. The US retailer is reportedly close to agreeing to invest in India's Flipkart, an online retailer that has also attracted attention from Amazon."This proposed merger represents a unique and bold opportunity, consistent with our strategy of looking for new ways to drive international growth," Judith McKenna, the CEO of Walmart International, said in a statement.The combination with Asda will give Sainsbury's more firepower as it confronts digital competitors including Amazon and aggressive discount chains, such as Germany's Lidl and Aldi.It also creates a new UK market leader: Sainsbury's and Asda together control over 31% of the grocery market, according to Kantar Worldpanel. The current industry front runner, Tesco, has nearly 28%.Regulators will have a close look at the deal, but the geographical distribution of Sainsbury and Asda stores could limit concerns over reduced competition.Upmarket Sainsbury's is strong in southern England, while Asda, which tends to have larger stores and lower prices, is well represented in the north. Together, the supermarket chains employ 330,000 people.The UK Competition and Markets Authority last year approved Tesco's takeover of wholesaler Booker, saying the deal would not reduce competition in the sector, which is known for its razor-thin margins and frequent price wars. 1929

VISTA, Calif. (KGTV) -- Authorities have identified the man who died in a motorcycle crash in Vista Saturday night as 55-year-old James Warner.The crash happened at the intersection of Monte Mar Road and East Village Way around 6:30 p.m.Four other people were injured in the crash deputies say three motorcycles and a car were involved in.RELATED: One dead, four injured after three motorcycles crash in Vista SaturdayDeputies say they don’t believe drugs or alcohol were factors in the crash. At this time, it’s unclear what exactly led to the crash. 569

VISTA, Calif. (KGTV) -- Four students within the Vista Unified School District have tested positive for coronavirus within the last week, the district confirms.According to the district, two high school students, one middle school student, and an elementary school student have tested positive for COVID-19 since October 20.“We have notified all parents, students and staff members involved based on the COVID-19 identification and tracing protocol,” the district said Monday.RELATED: Vista Unified School District says second Mission Vista High student tests positive for COVID-19Officials say the students identified as COVID-19 positive didn’t come into close contact with every student, but the district says it’s “proceeding with an abundance of caution and considering each of these as close contacts.”“These students and staff members were placed into a 14-day quarantine at home in accordance with the Decision Guide requirements,” the district added. “Their classes will pivot to the virtual learning model using Canvas and Zoom as their learning platform.” 1074

VISTA, Calif. (KGTV) - The former NFL player accused of raping a 17-year-old girl while she was unconscious has been bound over for trial. The preliminary hearing is over a 2003 incident in which Winslow Jr. is accused of raping the teen while she was unconscious.Winslow Jr. was 19 years old at the time of the alleged incident, prosecutors said. He pleaded not guilty in the case.RELATED: Kellen Winslow II, the former NFL player accused of rape, kidnapping, ordered to stand trialIn July, the 34-year-old Winslow Jr. was ordered to stand trial in a separate case in which he is accused in the rape and kidnapping of two women -- a 59-year-old and a 54-year-old -- in Encinitas.The son for former Chargers legend Kellen Winslow pleaded not guilty in that case.Winslow Jr. faces life in prison if convicted in the case. 833

Virginia Democratic Sen. Tim Kaine on Sunday said President Donald Trump continuing to blame Democrats for the lack of permanent protections for young undocumented immigrants is a break with reality."He is either lying or he is completely delusional," Kaine said on CNN's "State of the Union."Trump on Friday said Democrats were responsible for there being no permanent fix on the Deferred Action for Childhood Arrivals program, claiming, "The Democrats fought us, they just fought every single inch of the way. They did not want DACA in this bill."Kaine noted that then-President Barack Obama established the program, which has protected undocumented immigrants brought to the US as children from deportation, and that it is Trump who moved to end it."One person can save DACA," Kaine said. "If President Trump believes in DACA, all he has to do is retract his executive order from September where he broke a promise to Dreamers and said he was going to end the program."Trump has repeatedly railed against Democrats on DACA, with his comments on Friday coming as the latest such statement in a string of developments on the immigration program.Kaine said on Sunday that lawmakers would continue efforts to reach some kind of permanent shield for DACA recipients, but argued that without a consensus from the Republicans, a solution would require returning his party to power."We're going to keep looking for a solution, but the key is we do not have the support of the White House, we don't have the support of Republicans," Kaine said. "We either have to change their minds, or we have to get more Democrats in office." 1640