Posts tagged: JD Sports

JD Sports snaps up American sporting goods firm Hibbett Sports, Inc for over $1 billion

Tuesday, 23 April 2024, 7:27 am

British business media commentators like to complain about how London-listed businesses are being gobbled up by 'foreign' predators.

But JD Sports, the London-listed sportswear retailer, has this morning shown it's not all one way traffic.

The company announced the acquisition of US-listed sporting goods retailer Hibbett for $87 a share or over $1 billion. Below is a link to the press release:..

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JD Sports splashes out £450 million on French trainers (shop)

Tuesday, 9 May 2023, 7:15 am

All the talk recently has been about how London-listed companies are vulnerable to foreign predators.

But this morning JD Sports, one of Britain's largest sportswear retailers, has just announced a deal to buy French trainers retailer Courir, which has over 190 outlets in France and several more across Europe.

JD Sports is buying Courir for around £453 million from private equity outfit Equistone. Below is a link to this morning's announcement:..

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Aurelius in talks to buy Footasylum from JD Sports, reports Sky News

Wednesday, 20 July 2022, 8:30 pm

Betaville spotted an intriguing Tweet from Mark, "The Kleinmanator", Kleinman of Sky News just now.

According to Kleiny (a former colleague during my long stint on The Daily Telegraph and The Sunday Telegraph's City desk) JD Sports in is exclusive talks to sell Footasylum to Aurelius, the sucessful private equity outfit that likes to buy out-of-sorts businesses. Below is Mark's Tweet:..

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