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Sainsbury's sells AFS cards portfolio to NewDay Group

By Michele Maatouk

Date: Thursday 31 Oct 2024

(Sharecast News) - Sainsbury's said on Thursday that it has agreed to sell the Argos Financial Services (AFS) cards portfolio to NewDay Group for £720m.

The supermarket chain also announced the creation of a partnership with NewDay to create an Argos-branded digital credit proposition. In time, this will replace the...

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