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UK Body Could Unravel JD Sports’ Footasylum Merger Over Competition Concerns

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The U.K’s Competition and Markets Authority (CMA) may have put a dent in JD Sports’ expansion plans. On Tuesday, the CMA’s provisional ruling calls JD Sports’ 86 million pound ($111.42 million) acquisition of fellow U.K. sports apparel retailer Footasylum into question following the completion of an in-depth investigation brought on by competition fears. The merger…

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