Business
JD Sports shares plummet as largest shareholder sells holdings worth 177m pounds
Shares in JD Sports plunged over 10 percent percent on Wednesday after majority shareholder Pentland reduced its stake in the fashion retailer worth 177 million pounds. Pentland, which also owns sportswear brands such as Speedo and Berghaus, said it sold 24 million shares in JD Sports at 740p each. “Pentland is committed to remaining a long-term...
loading...