THE RETAIL BULLETIN - The home of retail news
20 years serving the retail industry
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
Retail HR 2022
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
JD Sports raises £464.2 million to fund acquisition drive

JD Sports has raised £464.2 million through the placing of new shares to accelerate growth and fund its acquisition plans. The sportswear retailer placed a total… View Article

SPORTS & LEISURE

JD Sports raises £464.2 million to fund acquisition drive

JD Sports has raised £464.2 million through the placing of new shares to accelerate growth and fund its acquisition plans.

The sportswear retailer placed a total of 58.4 new shares at an issue price of 795 pence per share. The placing shares represented approximately 6% of the existing issued share capital of the business.

JD Sports said last week that it was exploring additional funding options that could involve an equity placing. At the time it said: “The board confirms that it is exploring additional funding options with a view to increasing its flexibility to invest in future strategic opportunities.”

Earlier this week, the company announced that it was to acquire US skincare brand DTLR Villa.

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

THE NEXT EVENT

See all upcoming events

LATEST VIDEO

Future of Customer Engagement 15 June 2022
Future of Customer Engagement 15 June 2022

Watch video >