Wednesday, February 15, 2006

Nike has "no interest" in major acquisitionsNike Inc dispelled speculation on Monday (February 13) that it might buy German rival Puma, preferring to focus on its own brands pushing further into football (soccer) and related lifestyle products. "We are not actively looking at acquisitions right now," Charlie Denson, head of Nike brand, told Reuters at the launch of the new kit designs for the eight national teams Nike is sponsoring at this summer's World Cup finals in Germany.

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