Business
JD Sports to acquire remaining 49.98 percent stake in Iberian business
JD Sports Fashion Plc plans to acquire the remaining 49.98 percent shares in Iberian Sports Retail Group (ISRG) from Balaiko Firaja Invest and Sonae Holdings for a cash consideration of 500.1 million euros. Upon completion of the transaction, the group will own 100 percent of ISRG. Commenting on the development, Régis Schultz, CEO of JD Sports,...
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