Acquirer: JD Sports
JD Sports has sold its 9.1% stake in Applied Nutrition for £49 million, yielding approximately 22 million shares at £2.15 per share. Summary of transaction details: Value: £49 million Sector: Consumer Goods Advisor: Not disclosed Key Entities: JD Sports, Applied Nutrition Location: UK Note: The sale reflects JD Sports' strategic and capital priorities, and may indicate a shift in its investment focus, while Applied Nutrition will continue to operate independently.
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