Adidas slides as traders say top investor GBL plans to sell part of stake

Adidas shares fell 1.5% on Wednesday on expectations that one of the German sportswear firm’s top shareholders, Groupe Bruxelles Lambert (GBL), was preparing to sell a portion of its stake, three traders said.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/ZJWB7kKWZaY/adidas-slides-as-traders-say-top-investor-gbl-plans-to-sell-part-of-stake-idUSKCN1TD0VS