Wednesday, May 11, 2016

Adidas, Chelsea To Terminate Partnership; Adidas Upgrades Guidance

adidas AG (ADDYY.PK, ADDDF.PK) announced the company and Chelsea Football Club have mutually agreed to terminate their partnership agreement. The agreement will now end on June 30, 2017 and not, on June 30, 2023. adidas has been sponsor and sportswear supplier for Chelsea Football Club since 2006.

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