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Sainsbury's in talks to sell Argos to Chinese giant
Sainsbury’s is looking to sell Argos to China’s version of Amazon. Britain’s second-largest supermarket has revealed it is in talks with Jingdong, which trades as JD.com. The group acquired Argos for ...
LONDON (Reuters) - British supermarket group Sainsbury's is in talks with Chinese e-commerce giant JD.com about selling the Argos general merchandise retailer it bought for 1.1 billion pounds ($1.5 ...
Sainsbury’s has terminated discussions with Chinese retail giant JD.com over the sale of Argos only a day after rumors of the deal came to light. The UK grocer said that the proposed deal with JD.com ...
The supermarket said JD.com’s terms and commitments were ‘not in the best interests’ of Sainsbury’s shareholders and staff. Sign up for the top news stories every day to keep you informed with what's ...
Britain’s second-largest grocer J Sainsbury Plc is in talks to sell its general merchandise unit Argos to Chinese e-commerce firm JD.com Inc. “A transaction with JD.com would accelerate Argos’ ...
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