Sainsbury’s sells Argos to Swift Partners in £120m deal
Argos finds a new home Sainsbury’s has agreed to sell Argos to an investment group, Swift Partners, for £120m, a decade after buying the catalogue retailer, as the supermarket moves to focus on its core food business. The grocer said it would receive cash proceeds of at least £120m, including a £70m up-front payment when […]
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