JD Sports Fashion Plc confirmed on Tuesday that it was exploring additional funding options which may involve a non-equity placing, as it looks to increase its flexibility to invest in future strategic opportunities.
The announcement comes a day after Sky News reported here JD Sports Fashion was in talks about a 400 million pound ($545.56 million) share sale, and was considering to launch the placement as early as this week.
Last month, JD bought Shoe Palace for $325 million in cash to expand its business on the US West Coast, Reuters reported.
