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Evening Standard
Evening Standard
Business
Michael Hunter

Billion-dollar deal to transform JD Sport's run into US markets

JD United States Hibbett Régis Schultz Alabama JD Sports

A billion-dollar deal announced today by JD Sports will transform the FTSE 100 sportswear retailer’s run into US markets, and reversed the direction for recent major international merger news, with a UK buyer.

 The Manchester-based firm is snapping up Hibbett for £878 million, or just over $1 billion.

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