Tag: Reebok
Sporting Goods – Adidas Completes Reebok Sale – Economy
The sporting goods manufacturer Adidas is finally putting an end to its US brand Reebok. The company completed the sale of the business to Authentic Brands Group (ABG) for up…
Adidas announces sale of Reebok for 2.1 billion euros
German sports equipment manufacturer Adidas announced on Thursday that it had reached a deal to sell its problem subsidiary for 2.1 billion euros Reebok to American society Authentic Brands Group.…
For 2.1 billion euros: Adidas sells US subsidiary Reebok
Status: 08/12/2021 7:11 p.m. The sporting goods manufacturer Adidas is selling its US subsidiary Reebok to the Authentic Brands Group for 2.1 billion euros. The majority of the proceeds will…