Egyptian billionaire buys stake in adidas - footwearbiz: Leading site

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Egyptian billionaire buys stake in adidas

04/11/2015
A prominent business figure from Egypt, Nassef Sawiris, has bought a 6% stake in sporting goods brand adidas.

Mr Sawiris, who made his fortune in the construction industry, has invested in a number of prominent companies since, often speaking publicly about his ambition for them and about his views on the performance of senior management.


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