JD Sports Fashion, one of the world's leading retailers of sports, fashion and outdoor brands has announced that it has exchanged contracts to sell Footasylum and its associated subsidiaries to AURELIUS Group ('AURELIUS') for £37.5 million. The sale has been agreed upon in accordance with the final undertakings issued by the Competition and Markets Authority on 14 January 2022, following its decision to prohibit JD's acquisition of Footasylum last year. JD has cooperated with the CMA throughout the divestment process, including ensuring that the purchaser was acceptable to the CMA and met certain key criteria set out within the final undertakings. The sale is anticipated to complete in the coming weeks with no conditionality.