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Adidas investor set to vote against chair re-election

A shareholder of sportswear giant Adidas has said it will be voting against the proposal to reappoint Thomas Rabe as chair of the company at its upcoming Annual General Meeting on May 15. Allianz Global Investor, Adidas’ 13th biggest investor, said the decision to disapprove of Rabe’s re-election comes as the firm determined that this role next...

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Business

Hammerson acquires Dundrum shopping centre

Hammerson in a joint venture with Allianz Real Estate has acquired the Dundrum Town Centre shopping and leisure destination in Dublin, Ireland. Hammerson and Allianz acquired loans secured against a portfolio of retail assets in September 2015 from the National Asset Management Agency for 1.85 billion euros. The acquisition delivers significant...

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