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New Deal


Announced

Completed

JD Sports completed the acquisition of a 80% stake in Cosmos Sport.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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sports

Acquisition

Cross Border

Friendly

Single Bidder

Greece

Completed

sporting goods

Private

Clothing and Accessories

Majority

Synopsis

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JD Sports, a British sports-fashion retail company based, completed the acquisition of a 80% stake in Cosmos Sport, a Greek retail chain of sporting goods. Financial terms were not disclosed. "This is another exciting acquisition for JD that further expands our presence in Europe. We welcome the highly experienced and knowledgeable Tsiknakis Family to the Group and we look forward to working with them on the development opportunities in the region," Peter Cowgill, JD Sports Fashion Executive Chairman.

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