Analysts have raised an eyebrow about the benefits of a potential deal between J Sainsbury (SBRY) and Argos and Homebase owner Home Retail Group (HOME).
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The grocer told the market earlier this week it had made a failed attempt in November to buy its retail rival and is now "considering its position". The statement sent Home Retail shares rocketing 40 per cent, but pulled Sainsbury's shares down 5 per cent - perhaps an expression of the market's confusion about the benefits of the deal.