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Who Owns Argos?

 The popular household brand Argos have been providing various items for decades. The question remains- who owns Argos? Where is our money going? 💰 💴 

A quick Google search of ‘who owns Argos?’ will show that Argos are owned by Sainsbury’s the supermarket group who purchased Argos in 2016 for £1.4 billion. 

The question now needs to be asked ‘who owns Sainsbury’s’. A Google search shows that Sainsbury’s are owned by J Sainsbury plc who’s major shareholders are the Qatari Royal Family (15%), VESA Equity (10%), BlackRock (6%), Schroders (5%), Bestway (5%) and Pzena (4%). This information has come from the Sainsbury’s website here

When you search for ‘who owns BlackRock’ for example, these investment companies are owned by other investment companies. 

Basically whenever you buy anything from Argos, your money will find its way into the pockets of the Qatari Royal Family and numerous American investment banks. 





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