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Sainsbury's complete sale of US business

30/04/2004 - 16:13:42
British food retailer Sainsbury’s has completed the sale of its US business Shaw’s Supermarkets to Albertson’s for $2.5m (€2.08m).

The deal went through following clearance from anti-trust authorities across the Atlantic.

Sainsbury's also has interests in financial services and property. The Group employed 172,900 people worldwide.

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