July 30, 2015 / 11:11 AM / 2 years ago

Belgian investment group GBL buys 3 pct stake in Adidas

BRUSSELS, July 30 (Reuters) - Belgian holding group GBL has bought a 3 percent stake in German sporting goods manufacturer Adidas, a regulatory filing showed on Thursday.

GBL, founded by Belgium’s richest man Albert Frere also holds stakes in French bluechip companies such as Lafarge , Total and Engie.

The filing said that Frere had informed Adidas that his voting rights had exceeded the 3 percent threshold on July 24, 2015 and on that day amounted to 3.0003 percent.

Adidas shares rose as much as 4.2 percent on Thursday. (Reporting by Robert-Jan Bartunek; editing by Philip Blenkinsop)

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