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JD Sports bids for rival retail group

19/03/2019
JD Sports bids for rival retail group

Sports retail group JD Sports has issued an offer for all the outstanding shares of another chain of athletic footwear and apparel stores, Footasylum. In February, JD Sports acquired 18.7% of Footasylum shares. It has made an increased offer now for the remaining shares. JD Sports chief executive, Peter Cowgill, said on making the announcement:...

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