JD Sports' Acquisition of Hibbett: A Strategic Move for U.S. Growth
Tuesday, 23 April 2024, 08:23
JD Sports to Acquire Hibbett in U.S. Expansion Deal
JD Sports, based in Greater Manchester, is making a significant move by acquiring Alabama-based company Hibbett for $1.1 billion. This strategic acquisition, priced at $87.5 per share, represents a premium of 21% over Hibbett's closing share price on Monday.
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