{"id":12485,"date":"2026-07-31T06:55:58","date_gmt":"2026-07-31T06:55:58","guid":{"rendered":"https:\/\/stock999.top\/?p=12485"},"modified":"2026-07-31T06:55:58","modified_gmt":"2026-07-31T06:55:58","slug":"sainsburys-sells-argos-to-swift-partners-for-120m-daily-business","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=12485","title":{"rendered":"Sainsbury&#8217;s sells Argos to Swift Partners for \u00a3120m \u2013 Daily Business"},"content":{"rendered":"<p>            <\/p>\n<p>Argos has been acquired by Swift Partners<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Sainsbury\u2019s has agreed to sell Argos to Swift Partners for at least \u00a3120 million in cash proceeds, a move intended to allow Sainsbury\u2019s to focus on its core food business and support Argos\u2019s future growth. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The transaction, expected to complete in February 2027, will result in a broadly neutral impact on Sainsbury\u2019s underlying operating profit and is anticipated to improve retail free cash flow generation. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Long-term commercial agreements will maintain ongoing value through rental income and Nectar-related income. Sainsbury\u2019s continues to forecast total underlying operating profit between \u00a3975 million and \u00a31,075 million and retail free cash flow exceeding \u00a3500 million in FY27.<\/p>\n<p class=\"wp-block-paragraph\">\u2026 more follows<\/p>\n<p>           \t            #Sainsburys #sells #Argos #Swift #Partners #120m #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Argos has been acquired by Swift Partners Sainsbury\u2019s has agreed to sell Argos to Swift&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[18373,18371,272,306,2384,18372,136,1008],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/12485"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12485"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/12485\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}