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Announced

Completed

JD Sports completed the acquisition of Finish Line for $558m.

Financials

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Transaction Value£395m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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retail of sport inspired fashion clothing/footwear

Apparel Retailers

United States

Public

Friendly

Completed

Acquisition

Majority

Single Bidder

Synopsis

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JD Sport, a British sporting goods company, completed the acquisition of Finish Line, a retail chain that sells athletic shoes and related apparel and accessories, for $558m. “This marks a momentous step in JD’s global expansion and represents an exciting opportunity to bring our market-leading, multi-brand retail proposition to the world’s largest athleisure market, both online and in stores. Our team will now collaborate with the experienced Finish Line management team and the key global brands to bring best in class retail theatre and multi-channel consumer experience to the US,” Peter Cowgill, JD Sports Chief Executive.

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