UK sports apparel retailer JD Sports Fashion is in talks about a possible takeover bid for rival UK retailer, JJB Sports, the Financial Times has reported.

JD Sports told the newspaper that it was in “early stage discussions with the board of JJB Sports”, but added that there was “no certainty that an offer will be made…?nor as to the terms”.

Larger rival JD Sports has about twice the number of JJB’s 250 outlets, which sell sports clothing, shoes and equipment.

“The highly preliminary nature of these discussions is such that there can be no certainty that any offer will be made or as to the terms of any offer,” said JJB.

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