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New Deal


Announced

Completed

JD Sports completed the acquisition of an additional 50% stake in Iberian Sports from Balaiko Firaja Invest and Sonae for €500m.

Financials

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Transaction Value£427m
Consideration TypeCash
Capital Owned50%
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Spain

sports wear

Clothing and Accessories

Acquisition

Private

Single Bidder

Cross Border

Majority

Friendly

Completed

Synopsis

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JD Sports, a sportswear store, completed the acquisition of an additional 50% stake in Iberian Sports, a branded sports and casual wear provider, from Balaiko Firaja Invest and Sonae, a company with a diversified portfolio of businesses in retail, financial services, technology, for €500m ($543m). “ISRG is a highly successful business and one of the leading players in sports retail in Iberia. By bringing the two businesses closer together, there is significant potential for accelerating growth," Régis Schultz, JD Sports CEO.

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