Adidas sells Reebok to ABG for up to €2.1bn

2021-08-12T17:11:00

Reebok

Adidas announced on Aug. 12 that it has entered into a definitive agreement to sell Reebok to the Authentic Brands Group (ABG) for a total of up to €2.1 billion. The majority will be paid in cash at the time of closing, which is expected to occur in the first ...

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