Mayfair Denies Puma Sale To Nike

2006-01-23T00:00:00

A new spate of unconfirmed rumors around a possible bid by Nike for Puma pushed the latter’s share price to a record of €260 last week, raising its market capitalization to an all-time high of €4.21 billion (=$5 billion). Mayfair subsequently denied any intention to sell its stake of 25.3 ...

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