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UK Listing Authority approves JD Sports acquisition of Finish Line

JD Sports Fashion PLC said May 30 that the U.K. Listing Authority had approved its acquisition of Indiana-based sportswear retailer Finish Line Inc.

The $558 million acquisition, which was proposed March 26, would expand the U.K. retailer's reach in the U.S. market. The deal still is subject to the approval of the shareholders of JD Sports.

A general meeting will be held June 15, the company said.