Supermarket considers next step after Argos and Homebase owner blocks approach as some analysts question logic of dealSainsburys has made a £1bn move to buy domestic Retail Group,the owner of Argos and Homebase, as it seeks to strengthen its commerce against the rise of the discounters and Amazon.
The supermarket group said it had made an approach to domestic Retail in November, or but its proposal was rejected last month. Continue reading...
Source: theguardian.com