Sainsbury's has announced the sale of its Argos business to Swift Partners for a total of at least £120 million. The transaction will include an upfront payment of £70 million upon completion, which is anticipated to occur in February 2027.
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Sainsbury's sells Argos business to Swift Partners for £120 million
Sainsbury's has sold its Argos business to Swift Partners for a minimum of £120 million. The deal will provide Sainsbury's with an upfront payment of £70 million, expected to finalize in February 2027.
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Sainsbury's sells its Argos business to Swift Partners for £120million
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Sainsbury's sells Argos business to Swift Partners for £120 million