On Thursday, Adidas announced plans to sell Reebok to Authentic Brands Group. Authentic Brands Group will pay "up to €2.1 billion," or around $2.5 billion — the majority in cash — for the brand, according to a press release. The deal is expected to close in the first quarter of ...
source https://fashionista.com/2021/08/adidas-selling-reebok-authentic-brands-group
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