JD Sports has confirmed it is exploring additional funding options with a view to increasing its flexibility to invest in future strategic opportunities
UK sports retailer JD Sports has confirmed it is exploring additional funding options to allow it to invest in future strategic opportunities, as reports surfaced it is in talks for a GBP400m (US$547.9m) share sale as it eyes further expansion opportunities.
The group is considering launching an equity placing as soon as this week, according to a report published by
Sky News yesterday (25 January), which cites an insider as saying it would be in the region of GBP400m.