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- JD Sports today set out plans for another 500-600 stores in the US as its sales raced past £10 billion for the first time. That ambitious expansion would make it one of the most successful UK businesses in America ever after decades of our top retailers seeing their hopes across the Atlantic crushed.
www.standard.co.uk/business/jd-sports-america-adidas-puma-m-s-b1081645.html
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Apr 23, 2024 · JD Sports says it has entered a binding agreement to fully acquire Hibbett for $87.5 (€82) per share in cash, offering a 21% premium over the US company's Monday price and valuing it at...
Apr 23, 2024 · JD Sports said it would pay 87.5 US dollars (£70.90) a share for Hibbett in cash, with aims for the acquisition to give it a stronger foothold in the all-important American market.
Sep 27, 2024 · JD, dubbed the “king of trainers”, completed the acquisition of sports retailer Hibbett in July in a deal worth 1.1 billion US dollars (£830 million).
- Anna Wise
Apr 23, 2024 · A billion-dollar deal announced today by JD Sports will transform the FTSE 100 sportswear retailer’s run into US markets, and reversed the direction for recent major international merger news, with...
Apr 23, 2024 · The U.K. company said that its acquisition of Birmingham, Ala.-based Hibbett “accelerates its growth plans in the U.S.” With the Hibbett deal, JD Sports “steps up its bet on the U.S.” at a time retailers are “contending with subdued demand and intense promotional activity.”
Apr 23, 2024 · The U.K.’s biggest sportswear retailer JD Sports Fashion is to buy Alabama-based athletic fashion retailer Hibbett Inc. for about $1.08 billion, the companies said Tuesday.
Jul 25, 2024 · The $1.1bn (£878m) deal, first announced on 23 April, has been completed following approval from Hibbett's stockholders on 19 July and the satisfaction of all other outstanding conditions. Hibbett is headquartered in Birmingham, Alabama, and has 1,169 stores across 36 states, as of 4 May.
