Nike Offers To Buy Umbro

2007-10-24T00:00:00

Nike is using its huge cash pile to make a sizeable investment in football, justifying the investment with the fact that the sport is the most popular one in the world. Its all-cash offer of 195 pence a share for Umbro International, or £285 million (€410m-$582m), represents a hefty 61 ...

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