Sainsbury's agrees £1.1bn deal with Home Retail Group

Date : 02 February 2016
Sainsbury's has reached agreement on terms for a possible acquisition of Home Retail Group that values the Argos owner at £1.1bn. Sainsbury's now has three weeks to complete due diligence and make a formal offer for HRG or walk away from the deal. Sainsbury's sees the acquisition of Argos as a…
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