Etichetta: conglomerate

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Adidas sells Reebok to US conglomerate after shareholder pressure

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Adidas is selling Reebok to the US brand management company Authentic Brands Group for up to €2.1bn (£1.8bn), as the German sportswear firm concentrates on its core marque after pressure from investors. Reebok was bou...

Air India: Tata Sons conglomerate seals $2.4bn takeover deal

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India’s oldest and largest conglomerate, Tata Sons, will take over the country’s debt-laden national carrier Air India. Its winning bid of 180bn rupees ($2.4bn) beat India’s SpiceJet chief, Ajay Singh, who offered 151...