Footasylum takeover becomes unconditional - Autonomous Group

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Footasylum takeover becomes unconditional


JD Sports have seen their £90m takeover bid of rival Footasylum become unconditional. As a result of satisfying the requirements for takeover in terms of acceptances, the takeover will now go ahead. JD already owns a part of Footasylum, having bought a stake just a few weeks ago. Despite this, JD insisted at the time that there was no intention to make an offer for the business.

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