Infrastructure

JD Sports steps up US push with $1.1bn Hibbett acquisition

Last updated : Apr 25, 2024 13:04
SportzPower Team
Apr 24, 2024 20:04

British sportswear retailer JD Sports Fashion Plc has entered into a definitive agreement to wholly acquire “highly complementary” US sports apparel and equipment retailer Hibbett, Inc. to speed up its US expansion and enhance its presence in “the world’s biggest and most attractive sportswear market”.

Under the terms of the deal, Birmingham, Alabama-based Hibbett’s outstanding shares will be sold to JD Sports for $87.50 per share in cash for an aggregate enterprise value of approximately $1.1 billion.

Jun 16, 2020 19:06
Qatar commissions third World Cup 2022 venue
DOHA: The Supreme Committee for Delivery & Legacy (SC) and Qatar Foundation (QF) have announced the completion of the third tournament venue for the FIFA World Cup Qatar 2022. 
Jun 10, 2020 19:06
Kochi will remain Blasters' home ground, club asserts
KOCHI: Kerala Blasters FC can confirm that Kochi will remain its home ground and the club will not be shifting its home base entirely to Kozhikode, as reported by the media.
Jun 10, 2020 19:06
MMSC logo
MMSC gears for racing return at MMRT circuit
CHENNAI: With the easing of lockdown restrictions, the Madras Motor Sports Club is gearing itself up for the “new normal” with a slew of measures conforming to government regulations to create a safe environment at the iconic MMRT circuit here while also carrying out upgrades to the track.  
Jun 03, 2020 17:06
ECB logo
ECB sets dates, venues for Windies' England tour
LONDON: The England and Wales Cricket Board (ECB) Tuesday announced that Hampshire’s Ageas Bowl and Lancashire’s Emirates Old Trafford will host England Men’s Test series against West Indies if international cricket returns behind closed doors in July.
May 27, 2020 20:05
Kushal Das
FIFA U-17 Women’s World Cup venues on track: Kushal Das
NEW DELHI: All India Football Federation general secretary Kushal Das has stated that everything stays on track at the five venues which are slated to host the FIFA U-17 Women’s World Cup India 2020.
May 22, 2020 17:05
Lanka govt sees reason, scraps cricket stadium project
COLOMBO: Sri Lanka's Prime Minister Mahinda Rajapaksa scrapped plans Thursday for a $40 million cricket stadium following criticism from several former greats.  Sri Lanka's information and higher education minister Bandula Gunawardana had proposed the controversial stadium, which was to be built in his local constituency.
May 21, 2020 19:05
Government of India logo
MHA issues SOP for reopening of sports stadia
NEW DELHI: After over two months of lockdown due to the ongoing Coronavirus pandemic, the Union government will now allow stadiums to be opened for sports without the involvement of spectators.
May 21, 2020 17:05
Qatar 2022 'on track to deliver much of its infra by yr-end'
DOHA: The secretary general of the Supreme Committee for Delivery & Legacy (SC) believes the FIFA World Cup Qatar 2022 has the potential to unite the globe once the COVID-19 pandemic has been defeated.
May 19, 2020 19:05
Sports Ministry gives nod to training resumption
NEW DELHI: The Union Sports Ministry Monday gave its nod to the resumption of training in its complexes and stadia after the government permitted them to reopen in the fourth phase of the nationwide lockdown due to COVID-19, PTI reports.
May 19, 2020 19:05
Lancashire County Cricket Club logo
Lancashire scores record pre-COVID earnings, targets India
LONDON: Lancashire County Cricket Club is looking to build on a record-breaking financial year to grow its "India connect". This is despite the the severe financial drag that is expected as a fallout from the coronavirus pandemic. 
Subscribe to Infrastructure