The Birmingham-based sports apparel and equipment retailer’s outstanding shares sold to JD Sports for $87.50 per share in cash.
The U.K.’s biggest sportswear retailer JD Sports is to buy Alabama-based athletic fashion retailer Hibbett Inc. for about $1.08 billion, the companies said.
JD Sports Fashion has proposed to buy American athletic fashion retailer
The new Coca-Cola $1.1 billion deal looks to incorporate Microsoft's AI in potentially improving its beverage-making services.
The North American revenue of the combined company would total $5.80
The Greater Manchester sportswear seller is set to acquire the Alabama company for $87.5 per share, marking a 21% premium on its closing share price on Monday
Microsoft has announced a new five-year deal with The Coca-Cola Company, which plans to spend a total of $1.1 billion during that time to access Microsoft's cloud and generative AI services.
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International Paper Co. agreed to buy DS Smith Plc for £5.8 billion ($7.2 billion), besting rival suitor Mondi Plc in the battle for the UK packaging company.
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