British sportswear retailer JD Sports Fashion Plc on Jan. 31 completed its acquisition of Portuguese conglomerate Sonae SGPS SA-owned Sport Zone, according to a Feb. 1 company release.
JD Sports announced Sept. 14, 2017, that it had exchanged contracts to combine its business in Iberia, JD Sprinter Holdings 2010 SL, with Sport Zone.
The development came after the European Commission approved JD Sports' bid to combine its existing interests across Iberia with those of Sport Zone in Portugal, Spain and the Canary Islands.
JD Sports said the terms of the deal remain unchanged.
