Sainsbury's Smart to Abandon Talks With JD.com if Sale Isn't Right -- Market Talk

Dow Jones

2025/09/15

0726 GMT - Sainsbury's made the right choice to step away from a deal to sell its Argos business to JD.com if it isn't best for stakeholders, Shore Capital analysts Clive Black and Darren Shirley write in a note. However, JD.com would have made sense as a potential buyer for the unit with its global reach and scope in retail and logistics, the analysts say. Sainsbury's openness in shedding Argos isn't something that shareholders should be surprised by as it might be the best for customers, shareholders, suppliers and employees, they write. Shares rise 3.8% to 318.80 pence and are leading the FTSE 100 index risers. (aimee.look@wsj.com)

(END) Dow Jones Newswires

September 15, 2025 03:26 ET (07:26 GMT)

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However, JD.com would have made sense as a potential buyer for the unit with its global reach and scope in retail and logistics, the analysts say. Sainsbury's openness in shedding Argos isn't something that shareholders should be surprised by as it might be the best for customers, shareholders, suppliers and employees, they write. Shares rise 3.8% to 318.80 pence and are leading the FTSE 100 index risers. (aimee.look@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 15, 2025 03:26 ET (07:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0244354667.USD","symbol_name":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2567199333","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2567199333","pubTimestamp":1757921160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0726 GMT - Sainsbury's made the right choice to step away from a deal to sell its Argos business to JD.com if it isn't best for stakeholders, Shore Capital analysts Clive Black and Darren Shirley write in a note. 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