Intersport’s takeover offer seduced the commercial court

The Grenoble commercial court chose the Intersport cooperative to take over the struggling group Go Sport, judging its offer better than that of its main competitor Frasers-Sports Direct, according to a judgment delivered on Friday.

The court thus followed “the unanimous opinion of the prosecution, creditors and employees”, underlines the assistant prosecutor François Touret de Coucy in a press release. According to him, Intersport undertakes to take over “72 stores corresponding to 90% of jobs”, for a price of 35 million euros.

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