Adidas's German headquarters raided in connection with tax investigation
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Adidas's headquarters in Germany were raided as part of a tax investigation related to customs and tax regulations for products imported into Germany over a five-year period starting in October 2019.
December 10, 2024 | 10:30 pm
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Adidas's German headquarters were raided due to a tax investigation concerning customs and tax regulations for imports since 2019.
The raid on Adidas's headquarters is likely to have a negative short-term impact on its stock price due to potential legal and financial repercussions. The investigation into customs and tax regulations could lead to fines or other penalties, affecting investor sentiment.
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