Infrastructure

JD Sports steps up US push with $1.1bn Hibbett acquisition

Last updated : Apr 25, 2024 13:04
SportzPower Team
Apr 24, 2024 20:04

British sportswear retailer JD Sports Fashion Plc has entered into a definitive agreement to wholly acquire “highly complementary” US sports apparel and equipment retailer Hibbett, Inc. to speed up its US expansion and enhance its presence in “the world’s biggest and most attractive sportswear market”.

Under the terms of the deal, Birmingham, Alabama-based Hibbett’s outstanding shares will be sold to JD Sports for $87.50 per share in cash for an aggregate enterprise value of approximately $1.1 billion.

Feb 27, 2019 13:02
Camp Nou to become 1st European sports stadium with 5G technology
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Feb 26, 2019 13:02
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Odisha launches five more high performance sports centres
BHUBANESWAR: Days after launching the first-ever high performance centre of Odisha in partnership with the Abhinav Bindra Targeting Performance (ABTP), the state government has followed it up with the inauguration of five additional centres in what will be private-public partnerships predominantly, IANS reports.
Feb 26, 2019 11:02
BCCI budgets Rs5bn for new Centre of Excellence in Bengaluru
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Feb 21, 2019 15:02
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Sports India issues tender for consultants in sports infra projects
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Feb 19, 2019 12:02
Odisha govt announces ABTPC partnership
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Feb 07, 2019 13:02
Delhi govt to build Rs1.4bn sports complex in Najafgarh
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Feb 05, 2019 13:02
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Kotak Mahindra to invest in upgrading Gopichand Academy
HYDERABAD: The Pullela Gopichand Badminton Foundation (PGBF) has agreed to a new partnership with Kotak Mahindra Bank, one of India’s leading private sector banks for the upgrading of the Gopichand Academy in the city, The Hindu BusinessLine reports.
Jan 28, 2019 15:01
Australian Open sets new attendance record
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Jan 17, 2019 16:01
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Sports Min clears way for AIFF to bid for 2020 U-17 Women's WC
NEW DELHI: The All India Football Federation has secured clearance from the Union Sports Ministry to bid for the 2020 FIFA U-17 Women’s World Cup. The other country in the running to host the event is football superpower France. 
Jan 17, 2019 14:01
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