FB Pixel no scriptJD.com eyes Argos deal with Sainsbury’s
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Sep
15

JD.com eyes Argos deal with Sainsbury’s

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JD.com is reportedly in talks with Sainsbury’s about acquiring Argos, the UK’s second largest general merchandise retailer, which Sainsbury’s bought for GBP 1.1 billion in 2016. The Chinese e-commerce group said a deal could accelerate Argos’ growth, though no agreement has been reached and a deal is not certain.
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