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Announced

JD Sports to acquire Courir from Equistone Partners for €520m.

Financials

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Transaction Value£453m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Friendly

Pending

footwear

Majority

Acquisition

Private

Footwear

France

Private Equity

Cross Border

Synopsis

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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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