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Home Retail Group & Sainsbury's reach agreement on key financial terms of possible offer

Argos and Sainsbury's bags in Sainsbury's trolley

 The Boards of J Sainsbury plc ("Sainsbury's") and Home Retail Group plc ("Home Retail Group" or the "Company") announce that they have reached agreement on the key financial terms of a possible offer for Home Retail Group by Sainsbury's (the "Possible Offer").

02 February 2016
Download “02-02-2016 Possible offer for Home Retail Group”

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Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

Martin Elliott. Chief Executive - Home Hardware.

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