Sainsbury's deal - desperate or inspired? | FT Business

  • 5 years ago
Sainsbury’s courtship of Home Retail Group is over. A takeover has been agreed that values Home Retail, the owner of Argos, at about £1.3bn. But why was one of the UK’s biggest supermarket groups so keen to buy a non-food retail business? The FT’s Daniel Garrahan reports.

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