Announced
Financials
Tags
Single Bidder
Friendly
Pending
footwear
Majority
Acquisition
Private
Footwear
France
Private Equity
Cross Border
Synopsis
JD Sports, a sports-fashion retail company, agreed to acquire Courir, a fashion sneakers seller, from Equistone Partners, a private equity firm, for €520m ($573m). "We said at our recent Capital Markets Event that this was the start of a new, distinct chapter in the growth story of JD. The exciting developments that we are announcing today reflect the strategic priorities that we highlighted on the day," Régis Schultz, JD CEO.
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