
Adidas to sell Reebok to Authentic Brands for EUR2.1bn
German sporting goods giant Adidas has struck a deal to sell Reebok to Authentic Brands Group (ABG) for a total consideration of up to EUR2.1bn (US$2.46bn).

German sporting goods giant Adidas has struck a deal to sell Reebok to Authentic Brands Group (ABG) for a total consideration of up to EUR2.1bn (US$2.46bn).