Nike's Takeover Of Umbro A Go As Sdi Sells Its Stake

2008-01-10T00:00:00

Nike’s takeover of Umbro International should go ahead unimpeded later this month. Sports Direct International (SDI), which acquired 29.9 percent of Umbro as a means to influence the deal, has sold a stake of 19.9 percent to Nike and given an irrevocable undertaking to vote in favor of the takeover ...

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