Salem Radio Network News Wednesday, January 21, 2026

Business

Adidas headquarters raided in years-long tax investigation, Bloomberg News reports

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(Reuters) – Authorities raided Adidas AG headquarters in Germany as part of a years-long tax investigation, Bloomberg News reported on Tuesday.

Adidas told Bloomberg that it has been in contact with customs authorities for several years about the matter and is providing them with documents and information.

(Reporting by Urvi Dugar; Editing by Shreya Biswas)

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