AO Would Make an Attractive Buyer for Argos -- Market Talk
Dow Jones
Sep 15
1022 GMT - AO World could be interested in Argos as it focuses on getting its U.K. arm in a stronger position after failing to launch oversees, AJ Bell investment analyst Dan Coatsworth writes. His comments come after talks between Argos owner Sainsbury's and JD.com fell apart over the weekend. Sainsbury's hasn't come out to say explicitly that Argos won't be for sale, and its food-first strategy alienates the brand, Coatsworth writes. "AO already has a strong logistics network and a reputation for speedy service," he says. Sainsbury's shares are up 5.4% to 323.80 pence. (aimee.look@wsj.com)
(END) Dow Jones Newswires
September 15, 2025 06:22 ET (10:22 GMT)
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