Soccer-Audi buys nine pct of Bayern Munich in 90 mln euro deal

Newswire

BERLIN, Nov 26 (Reuters) - German car maker Audi has bought a 9.09 percent stake in Bayern Munich in a deal worth 90 million euros ($135.8 million), the club said on Thursday. Volkswagen's premium brand Audi, with headquarters in the Bavarian town of Ingolstadt north of Munich, has been a partner of the Bundesliga club since 2002 as exclusive car sponsor. "With the direct financial participation in the club, the two successful premium brands move even closer," said Audi board chairman ...

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