Business
CMA approves JD Group's acquisition of Go Outdoors
CMA approves JD Group's acquisition of Go Outdoors.
About this update from Jd Sports Fashion Plc
[{"type":"text","content":"\n \nRNS Number : 5136F JD Sports Fashion Plc 18 May 2017 \n\n18th May 2017\nJD Sports Fashion Plc\nCMA approves the JD Group's acquisition of Go Outdoors\nJD Sports Fashion Plc ('Group'), the leading retailer of sports, fashion and outdoor brands, is delighted to announce that its acquisition of Go Outdoors Topco Limited ('Go Outdoors') has today been given unconditional approval by the Competition and Markets Authority (CMA) and that the CMA's investigation is now complete.\nGo Outdoors is a nationwide omnichannel retailer catering for the outdoor enthusiast and specialist alike with 58 stores across the UK at acquisition, the majority of which are situated in out of town retail parks. This acquisition will complement the Group's existing offering in the outdoor market.\n \nPeter Cowgill, Executive Chairman, commented: \n \n\"I am pleased with the outcome of the CMA's investigation and delighted to welcome Go Outdoors to the JD Group. Go Outdoors will make an excellent addition to the existing JD Outdoor business and I am confident that it will build upon Blacks', Millets' and Tiso's recent success on the high street and strengthen our consumer proposition within the Outdoor sector.\" \n \nEnquiries:\nJD Sports Fashion Plc Tel: 0161 767 1000\nPeter Cowgill, Executive Chairman\nBrian Small, Chief Financial Officer\n \nMHP Communications ...