Sainsbury mulls over offer for Argos owner Home Retail Group
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
J SAINSBURY is considering making an offer for Home Retail Group in a deal that would pool two of Britain's biggest retailers as they struggle to boost sales in the face of intensifying competition.
The supermarket company said on Tuesday it's considering its position after a cash-and-shares bid was rejected in November by Home Retail, the owner of Argos catalogue stores and the Homebase home-improvement chain. It now has until Feb 2 to decide whether to make a formal offer under British takeover rules.
Share with us your feedback on BT's products and services
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
