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JD. Jd Sports Fashion Plc

122.90
4.45 (3.76%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jd Sports Fashion Plc LSE:JD. London Ordinary Share GB00BM8Q5M07 ORD 0.05P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.45 3.76% 122.90 122.90 123.00 127.35 118.65 120.35 22,177,523 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Sport Gds Stores, Bike Shops 10.13B 142.5M 0.0275 44.71 6.37B

JD Sports Fashion Plc CMA approves JD Group's acquisition of Go Outdoors (5136F)

18/05/2017 7:12am

UK Regulatory


Jd Sports Fashion (LSE:JD.)
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TIDMJD.

RNS Number : 5136F

JD Sports Fashion Plc

18 May 2017

18th May 2017

JD Sports Fashion Plc

CMA approves the JD Group's acquisition of Go Outdoors

JD Sports Fashion Plc ('Group'), the leading retailer of sports, fashion and outdoor brands, is delighted to announce that its acquisition of Go Outdoors Topco Limited ('Go Outdoors') has today been given unconditional approval by the Competition and Markets Authority (CMA) and that the CMA's investigation is now complete.

Go Outdoors is a nationwide omnichannel retailer catering for the outdoor enthusiast and specialist alike with 58 stores across the UK at acquisition, the majority of which are situated in out of town retail parks. This acquisition will complement the Group's existing offering in the outdoor market.

Peter Cowgill, Executive Chairman, commented:

"I am pleased with the outcome of the CMA's investigation and delighted to welcome Go Outdoors to the JD Group. Go Outdoors will make an excellent addition to the existing JD Outdoor business and I am confident that it will build upon Blacks', Millets' and Tiso's recent success on the high street and strengthen our consumer proposition within the Outdoor sector."

Enquiries:

JD Sports Fashion Plc Tel: 0161 767 1000

Peter Cowgill, Executive Chairman

Brian Small, Chief Financial Officer

MHP Communications Tel: 0203 128 8100

Andrew Jaques

Barnaby Fry

Nessyah Hart

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCMMGMKVRGGNZG

(END) Dow Jones Newswires

May 18, 2017 02:12 ET (06:12 GMT)

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