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CHICAGO (MarketWatch) - Nike Inc. said Friday that it has acquired 19.9% of Sports Direct International's holdings in Umbro. The price was $3.83 per share, the same as its all-cash offer to ...
Sports Direct , Britain's biggest sporting goods retailer, said on Friday it had agreed to sell around two thirds of its 29.9 percent stake in Umbro to Nike at the bid price of 193.06 pence a share.
Sports Direct said it had sold 29 million Umbro shares to Nike at 193.06p each, for a total of £56.1m. Shares in Umbro leapt 13 per cent, or 21.2p, to 183.5p after the announcement. Earlier ...
Umbro, which produces the England football team's kit, was attacked by the Simon Wiesenthal Centre, which saw the Zyklon shoes advertised on the internet. The centre's Dr Shimon Samuels demanded ...
Your support makes all the difference. Mike Ashley's Sports Direct has built up a 9 per cent stake in Umbro, triggering speculation that the football kit maker could be heading for a takeover bid.
TORONTO — Nike Inc. announced Tuesday that it will be acquiring Umbro PLC, the UK-based football-soccer brand. Nike said the all-cash deal is valued at roughly $4 a share for a total value of ...