Published by Alexander Bueso on 14th September 2025
(Sharecast News) - Sainsbury's has balked at Chinese retailer JD.com's attempt to revise a bid for its Argos unit. That talks had been ongoing had been revealed just 24 hours before by the Telegraph. According to the UK retailer, JD was not willing to continue talks on the basis of its initial deal, only on "a materially revised set of terms and commitments". The talks have now been terminated. - The Sunday Times