British supermarket chain Sainsbury's said on Monday that NewDay Group had gained beneficial title, or the right to benefit from a property, to its Argos Financial Services (AFS) cards portfolio.

Sainsbury's is selling its Argos Financial Services (AFS) cards portfolio to financial services firm NewDay Group for around ...

Supermarket giant Sainsbury's announced on Monday that it has sold its Argos Financial Services card portfolio to NewDay ...

(Alliance News) - J Sainsbury PLC on Monday said it sealed the sale of a credit card portfolio of its Argos general merchandise arm, and affirmed plans to return GBP250 million of excess capital ...

Sainsbury's is on track with plans to return £250m to shareholders as the £720m sale of the Argos Financial Services card portfolio progresses ...

Sainsbury's has finalised an arrangement to offload its Argos credit card portfolio for an estimated £720m, moving away from financial services to concentrate on its core retail operations.

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The London-based supermarket chain said NewDay received "appropriate financing and antitrust approvals". It had announced the GBP720 million sale back in October. "NewDay will acquire legal title to ...