Bernard Tapie Has Finally Agreed to Sell Adidas!
The following week in Brescia, Richard was unexpectedly unable to carry out his original plans—thanks to Adidas.
The long-rumored decision by Bernard Tapie, the flamboyant French tycoon and politician, to sell his stake in Adidas has finally been confirmed.
Just moments ago, Tapie officially agreed to sell his controlling interest in Adidas A.G., closing one of the most closely watched chapters in European business history.
Speculation that Mr. Tapie would sell Adidas had been mounting since the tousle-haired, 49-year-old industrialist was elected to the National Assembly on the Socialist ticket and appointed Minister of Urban Affairs in late November last year.
In the media, Tapie acknowledged that he would eventually have to choose between politics and business after committing to an active role in government over the coming years.
