Vesa Equity Investment, otherwise known as the investment vehicle of billionaires Daniel Křetínsky and Patrik Tkáč, has sold off $43 million worth of shares in the footwear giant Foot Locker. The Czecho-Slovak duo bought into the company in 2020, when pandemic panic pushed its share price down to just $21. The investment looked like a master stroke months later, when a surging stock market sent Foot Locker’s share price up past $60. But impending recession and the end of free money has seen the price fall to just $31. Despite the sell-off, Vesa . . .
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