China in auto power play
It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu. Commentary
Nike says Umbro accepts its acquisition offer
NEW YORK (Reuters) - Nike Inc (NKE.N) said on Thursday that Umbro Plc UMB.L shareholders have accepted its acquisition offer.
The maker of athletic shoes and clothing said that pending court hearings and final regulatory approvals, it expects to complete the acquisition in early March.
(Reporting by Nicole Maestri, editing by Gerald E. McCormick)











