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Sainsbury's to sell Argos for £120 million

Sainsbury's has finalized a deal to sell Argos for £120 million. The agreement allows Argos to maintain its operations in Sainsbury's locations and continue selling Habitat products while offering Nectar points.

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Sainsbury's Argos Habitat

Sainsbury's has agreed to sell Argos for £120 million. Under the terms of the deal, Argos will continue to operate within Sainsbury's stores, sell Habitat products, and provide Nectar points to customers.

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Original Headline

Sainsbury's agrees to sell Argos for £120m

Neutral Headline

Sainsbury's to sell Argos for £120 million