Sainsbury's has announced the sale of Argos to Swift Partners for a total of at least £120 million. The transaction includes an upfront payment of £70 million, with the deal expected to be finalized in February 2027.
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Sainsbury's sells Argos to Swift Partners for £120 million
Sainsbury's has sold Argos to Swift Partners for a minimum of £120 million, which includes a £70 million upfront payment. The completion of the deal is anticipated in February 2027.
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Sainsbury's
Argos
Swift Partners
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Sainsbury's sells Argos to retail veterans Swift Partners for £120m
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Sainsbury's sells Argos to Swift Partners for £120 million