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Value £49,000,000
Summary
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.
Lead Investor / Acquirer
JD Sports
Advising Broker
Undisclosed Firm
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Exited prioritisedOriginal Source
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