JD Sports Fashion plc Acquires Hibbett, Inc.

July 25, 2024

JD Sports Fashion plc (JD) completed the acquisition of Hibbett, Inc., an athletic-inspired fashion retailer headquartered in Birmingham, Alabama, for $87.50 per share (enterprise value ~ $1.1 billion). Hibbett will become part of JD's North American platform while maintaining its Birmingham headquarters and current leadership team.

Buyers
JD Sports Fashion plc
Targets
Hibbett, Inc.
Sellers
Hibbett stockholders
Industry
Retail
Location
Alabama, United States
Transaction Type
Buyout

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