Monday, 13 November 2017

Multinational petrochemicals giant Ineos buys Swiss football team

First it was biker wear, now Jim Ratcliffe - the billionaire owner of multinational petrochemicals giant Ineos - has added a football team to his collection of esoteric buys.

The sale of FC Lausanne-Sport to Ineos was confirmed at a media conference on Monday afternoon.
It has won the league seven times, the last in 1965, and the cup nine times.

Ineos snapped up motorcycle wear firm Belstaff last month after it was put up for sale by JAB Holdings.

BBC      News.