Adidas slides as traders say top investor GBL plans to sell part of stake
Adidas shares fell 1.5% on
Wednesday on expectations that one of the German sportswear
firm’s top shareholders, Groupe Bruxelles Lambert (GBL), was
preparing to sell a portion of its stake, three traders said.
Wednesday on expectations that one of the German sportswear
firm’s top shareholders, Groupe Bruxelles Lambert (GBL), was
preparing to sell a portion of its stake, three traders said.
Posted by Reuters
