JD Sports Fashion buys Blacks
JD Sports Fashion has just announced that it has acquired the trading assets and some of the subsidiaries of Blacks Leisure Group, the largest outdoor retailer in the U.K., for £20 million (€24.2 million). It will not take over its debts. JD will evaluate the performance of each of the group’s 290 Blacks and Millets...
Blacks has received some takeover bids
The leading outdoor retailer in the U.K. had announced just before Christmas that it had not received any offers for its takeover. The situation has since changed. The board of directors of Blacks Leisure Group said this morning that it has received final offers for all or some of its assets, but pointed out that any...
Sports Direct decides against Blacks bid
After several days of intense speculation, Sports Direct International (SDI), the leading British sports retailer and wholesaler, said that it would not issue a bid to acquire Blacks Leisure, the country’s troubled outdoor retailer. Blacks itself announced earlier this week that SDI had expressed interest in acquiring it. SDI promptly confirmed, adding that it remained...
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