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Homebase is set to close 10 stores, with UK supermarket chain Sainsbury's agreeing to acquire them in a deal valued at £130 million. The acquisition will see these Homebase locations converted into supermarkets, including plans for two new stores in Northern Ireland. This development follows recent reports that Homebase's owner is preparing to sell the company in the UK. The move is part of Sainsbury's expansion strategy, as it seeks to increase its presence in the retail market.
