Adidas agrees to sell Reebok to Authentic Brands
1 min read . Updated: 12 Aug 2021, 10:23 PM IST
Premium- The value of the deal with the brand-management company is put at roughly $2.5 billion
Adidas AG said it has agreed to sell Reebok to Authentic Brands Group for up to 2.1 billion euros, the equivalent of $2.47 billion, putting an end to months of speculation over potential buyers for the athletic brand.
×![]()
