To the victor the spoils, the saying goes. Unfortunately, the culmination of a long-running competition wrangle over
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To the victor the spoils, the saying goes. Unfortunately, the culmination of a long-running competition wrangle over sportswear recalls another piece of fighting-related talk: there are no winners in war. For roughly three years, one of the UK’s largest retailers has been pitted against the country’s competition watchdog over its £90mn acquisition of a smaller rival. On Monday, the terms of defeat were set out: JD Sports will offload the offending business to private equity ownership for £37.5mn.
Explain whether you consider that the CMA could have handled the JD Sport and Footasylum case in a better manner.
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Related Book For
Corporate Finance Principles And Practice
ISBN: 9781292450940
9th Edition
Authors: Denzil Watson, Antony Head
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