Reuters

Sainsbury's sells Argos Financial Services cards portfolio for $934 mln

Oct 31 (Reuters) - British supermarket Sainsbury's (SBRY.L), opens new tab said it has sold its Argos Financial Services cards portfolio to NewDay Group for an expected 720 million pounds ($934 ...
Nasdaq

Sainsbury’s Sells Argos Credit Portfolio, Forms New Partnership

J Sainsbury plc (GB:SBRY) has released an update. J Sainsbury PLC has announced the sale of its Argos Financial Services cards portfolio to NewDay Group for approximately £720 million, as part of a ...
Birmingham Mail

Argos bringing in rule change from April - and shoppers are furious

Argos shoppers are fuming over a huge credit change that means they can’t use cards at Sainsbury’s. Argos, which is owned by Sainsbury's, has sold Argos Financial Services to NewDay Ltd. From April ...
Reuters

Sainsbury's says NewDay gets beneficial title to Argos cards portfolio

March 3 - British supermarket chain Sainsbury's (SBRY.L), opens new tab said on Monday that NewDay Group had gained beneficial title, or the right to benefit from a property, to its Argos Financial ...