BUZZ-UK's JD Sports gains on deal to buy US rival Hibbett

Reuters04-23

** Shares of sportswear retailer JD Sports Fashion rise 2% at 121p

** Stock among top pct gainers on FTSE 100 index

** Co proposes to buy American athletic-fashion retailer Hibbett for about $1.08 bln

** Says enlarged group would have combined revenues of about 4.7 bln pounds ($5.80 bln) in North America

** Shares down ~29% YTD, as of last close

($1 = 0.8105 pounds)

(Reporting by Anchal Rana in Bengaluru)

((Anchal.Rana@thomsonreuters.com; +91 9915609050;))

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