Flo Retailing and Daher Group are bidders to buy the Russian business of Adidas
09.06.2023 2528

Flo Retailing and Daher Group are bidders to buy the Russian business of Adidas

The negotiations of the Turkish holding Flo Retailing and the Middle East Daher Group with the German Adidas AG on the sale of the Russian retail chain adidas became known from real estate consultants, Vedomosti writes.

Negotiations are underway, and the deal to sell the Russian business to Adidas could be closed as early as this fall. The representative of the parent company Adidas did not refute the information about the search for a buyer for the adidas business in Russia. He only confirmed that the process of curtailing the business of the sports giant in the Russian market continues, as it was announced in October 2022.

The negotiations of the Turkish holding Flo Retailing and the Middle East Daher Group with the German Adidas AG on the sale of the Russian retail chain adidas became known from real estate consultants, write…
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