Acquiring Company
JD Sports
Acquired Company
Hibbett Sports
Description
Hibbett, Inc. has announced a definitive agreement in which JD Sports Fashion plc will acquire all outstanding shares of Hibbett for $87.50 per share in cash, representing an aggregate enterprise value of approximately $1.1 billion. The transaction will position JD Sports as a global leader in the sports fashion industry and will enable Hibbett to fulfill its customer-oriented mission more effectively.
Quick answer
JD Sports is acquiring Hibbett Sports for $1.1 billion, announced April 23, 2024. JD Sports is based in Bury, England, United Kingdom.
- How much did JD Sports pay for Hibbett Sports?
- The reported deal value is $1.1 billion.
- What does JD Sports do?
- JD Group is a leading global omni-channel retailer in Sports Fashion, Outdoors, and Gyms, founded in 1981 in the Northwest of England and now operating across multiple international markets with a portfolio of renowned..
- Where are JD Sports and Hibbett Sports based?
- JD Sports is based in Bury, England, United Kingdom. Hibbett Sports is based in Birmingham, Alabama, United States.
- Who are the decision-makers at JD Sports?
- Fundz holds 1 contact at JD Sports. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at JD Sports, and when
When JD Sports changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day JD Sports raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at JD Sports, from your own LinkedIn network
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Frequently asked
Who acquired Hibbett Sports?
Hibbett Sports was acquired by JD Sports, based in Bury. The deal was reported on April 23, 2024. JD Sports is privately held and operates in Sports.
When did JD Sports acquire Hibbett Sports?
JD Sports's acquisition of Hibbett Sports was reported on April 23, 2024. Hibbett, Inc. has announced a definitive agreement in which JD Sports Fashion plc will acquire all outstanding shares of Hibbett for $87.50 per share in cash, representing an aggregate enterprise value of approximately $1.1 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hibbett Sports do?
Hibbett Sports is a premier sports retailer specializing in athletic apparel, footwear, and equipment. With a strong presence in the U.S., it operates over 1,000 stores primarily in underserved markets. It is privately held, operating in Fashion, and is based in Birmingham.
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