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Published on Aug 26, 2016
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August 2016: Ahead of Sainsbury's takeover of Argos, IG analyst Chris
Beauchamp looks at how its shares are faring. Sainsbury's is buying the
owner of Argos - Home Retail Group - for £1.4bn, with the deal expected
to be completed on September 1. Investors have yet to be convinced of
the merits of the Sainsbury’s deal. Its shares have underperformed those
of Tesco and Morrisons since the deal first came to light on January 5.
Chris looks at the key levels to watch on Tesco, Morrisons and
Sainsbury's
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