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Sainsbury's to sell Argos to Swift Partners in £120m deal

By Iain Gilbert

Date: Friday 31 Jul 2026

(Sharecast News) - Supermarket chain Sainsbury's has agreed to sell Argos to newly formed retail vehicle Swift Partners, in a deal it said would allow the group to sharpen its focus on its core food business.
Swift Partners - backed by retail veterans Richard Pennycook, Trevor Strain and Matt Truman alongside...

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