Fashion
Adidas acquires fitness app Runtastic for 220 million euros
London - German athletic company, Adidas Group, has bolstered its reach with its acquisition of the fitness app Runtastic. The transaction, which was signed and closed on Wednesday, values Runtastic at 220 million euros (155 million pounds). The new acquisition is said to be part of the group's strategic business plan 'Creating the New' and...
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