Adidas sells Reebok for 2.1 billion euros to the American Authentic Brands Group
By AFP Published on August 12, 2021 German sports equipment manufacturer Adidas announced on Thursday that it had reached an agreement to sell its problem subsidiary Reebok for 2.1 billion euros to the American company Authentic Brands Group (ABG). Reebok The sum will be paid largely in cash and the transaction should be completed in … Read more