All Stories: Reebok

Adidas is selling Reebok to Authentic Brands Group(ABG) for up to 2.1 billion euros ($2.5 billion) as the German sporting goods company concentrates on...

Adidas said on Tuesday it had decided to begin a formal process aimed at divesting Reebok as part of a five-year strategy it plans to present on March 10

German sportswear maker Adidas said on Monday it had begun to assess strategic alternatives for its U.S.-focused brand Reebok

Adidas bought the US fitnesswear specialists Reebok in 2005 in a bid to narrow the gap with its main rival Nike

BERLIN: Shares in German sportswear firm Adidas jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government planned a $2.2 billion bid to buy Reebok.

NEW YORK: A consortium of investors from Hong Kong and Abu Dhabi is interested in buying the Reebok brand from Adidas for 1.7 billion euros ($2.2 billion), The Wall Street Journal reported Sunday.