Umbro shareholders back Nike takeover

England football shirt maker Umbro is to be taken over by US sports giant Nike after a £285 million deal was rubber-stamped today.

Umbro shareholders back Nike takeover
Thu, 31 Jan, 2008 - 16:10

England football shirt maker Umbro is to be taken over by US sports giant Nike after a £285 million deal was rubber-stamped today.

The British sports kit maker said more than 99% of shareholders voted for the takeover.

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