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.

Jan 30, 2018 14:01
Visit Victoria celebrates award of 2020 World T20 finals to MCG
MELBOURNE: In a major coup for Victorian cricket fans, Visit Victoria has secured the men’s and women’s finals of the ICC World T20 in 2020. The matches will be played at the world-renowned Melbourne Cricket Ground (MCG), highlighting Melbourne’s reputation as Australia’s sporting capital and a global events city.
Jan 27, 2018 11:01
Kalinga Stadium capacity to be doubled ahead of Hockey WC
BHUBANESWAR: The capacity of the Kalinga Stadium here will be doubled for the Men's Hockey World Cup 2018 scheduled to be held in November this year, an official told IANS Thursday. Besides, work on the second hockey turf inside the stadium premises will be completed by July this year, the official added.
Jan 19, 2018 14:01
DLF Golf and Country Club wins 'Best Course in India' award
GURUGRAM: DLF Golf and Country Club, Gurugram, has bagged the 'Best Course in India' award for the sixth time at the Asian Golf Awards organized by Asia Pacific Golf Group. The award ceremony took place in Vietnam.
Jan 19, 2018 13:01
Shenzhen agrees 10-yr deal to host WTA Finals
St. PETERSBURG, FL, USA: The WTA announced Thursday its selection of the city of Shenzhen, China to host the WTA Finals, the most prestigious event on the WTA calendar, from 2019 through 2028.
Jan 15, 2018 14:01
2018 Asian Games main stadium declared ready
JAKARTA: Indonesian President Joko Widodo inaugurated Gelora Bung Karno (GBK) stadium on Sunday after it was renovated for the upcoming 2018 Asian Games. The ceremony was held prior to a friendly football match between Indonesia and Iceland in the stadium, reports Xinhua news agency.
Jan 15, 2018 14:01
Bhubaneswar to host ITF tourney
BHUBANESWAR: The Odiya state capital, which is fast emerging as an international sport venue, is all set to host its first ever International Tennis Federation sanctioned tournament for men at the Kalinga Stadium here from February 26. The seven-day $15,000 tournament, named ‘India Future’, would end on March 4.
Jan 15, 2018 13:01
TSG launches football training school in Mumbai
MUMBAI: The Sports Gurukul (TSG), a sporting organization that promotes and develops various sports at the grassroots level, has launched a football training school - TSG Football School. The TSG Football School, which was launched here Friday, will conduct their training programs and clinics at the newly laid facilities at the All India Balkanji Bari ground, Santa Cruz (West), an official release states.
Jan 15, 2018 13:01
Noida academic institution opens sports facility
NEW DELHI: National badminton coach and former All England champion Pullela Gopichand inaugurated the Times Group owned Bennett University's new sports facility on Monday at its Greater Noida campus.
Jan 12, 2018 12:01
perth stadium
ICC approves Perth Stadium to host intl cricket
PERTH: Cricket Australia (CA) Thursday confirmed the International Cricket Council (ICC) has approved Perth Stadium as a venue fit to host all international cricket formats, formally lowering the curtain on the city's venerable WACA Ground. 
Jan 04, 2018 13:01
Goa cabinet clears GCA plan for cricket stadium
PANAJI: The Goa state cabinet on Wednesday cleared the proposal for leasing land admeasuring 189,000 sq ms at Dhargal to Goa Cricket Association for the construction of an international standard cricket stadium. The cricket stadium will be of 50,000 crowd capacity and it will be constructed by GCA.
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