Mergers & Acquisitions Mergers & Acquisitions

JD Sports warns of Footasylum writedown as fresh UK merger review gathers pace

By Victoria Ibitoye
  • 13 Apr 2021 07:31
  • 13 Apr 2021 07:31
JD Sports warned today of “considerable uncertainty” that Footasylum, the rival sportswear retailer that it bought last year, will ever return to its pre-pandemic levels of business. The news could play into a fresh review of the deal now under way by the UK merger regulator after its block last year was quashed by

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