Talks collapse after offer fails to score with directors
JJB Sports has announced that it has terminated talks with a potential buyer.

The retailer revealed that it was discussing a potential offer with an undisclosed third party on October 1.

'The Board of JJB Sports has concluded that the approach is unlikely to lead to an offer that would reflect the fair value of the company,' the retailer said.

The organisation behind the offer was never disclosed but it was widely reported that private equity firm Cinven was the interested party.

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