Yahoo Canada Web Search

Search results

1. corporate.authentic.com › abg-finalizes-reebokAuthentic Brands Group Finalizes the Acquisition of Reebok

   corporate.authentic.com › abg-finalizes-reebok

   • Cached

   Mar 1, 2022 · Authentic Brands Group (ABG) today announced that it has completed the acquisition of Reebok from adidas. As it ushers in its largest acquisition to date, the global brand development, marketing and entertainment company is charting a new path for Reebok. “Reebok is a brand that needs no introduction,” said Jamie Salter, Founder, Chairman ...

   • ABG to Acquire Reebok — Authentic Brands Group

     Authentic Brands Group (ABG), a global brand owner,...

2. www.adidas-group.com › en › mediaadidas to sell Reebok to Authentic Brands Group

   www.adidas-group.com › en › media

   • Cached

   Aug 12, 2021 · Herzogenaurach August 12, 2021. adidas announced today that it has entered into a definitive agreement to sell Reebok to Authentic Brands Group (ABG) for a total consideration of up to € 2.1 billion, with the majority to be paid in cash at closing of the transaction and the remainder comprised of deferred and contingent consideration.

3. Videos

   • 

     3:37

     bloomberg.com

     Adidas Selling Reebok to Authentic Brands for Up to $2.5 Billion

     Aug 12, 2021

   • 

     3:37

     bloomberg.com

     Adidas Selling Reebok to Authentic Brands for Up to $2.5 Billion

     Aug 12, 2021

   • 

     0:25

     youtube.com

     Adidas Sells Boston-Based Reebok To Authentic Brands Group

     Aug 12, 2021

     1.7K Views

   View all

4. www.reuters.com › business › adidas-sells-reebokAdidas ends Reebok era with $2.5 bln sale to Authentic Brands

   www.reuters.com › business › adidas-sells-reebok

   Aug 12, 2021 · Adidas (ADSGn.DE) 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 its core brand after a deal that ...

5. www.cnn.com › 2021/08/12 › businessAdidas is selling Reebok for less than it originally paid - CNN

   www.cnn.com › 2021/08/12 › business

   Aug 12, 2021 · Now, Adidas is selling the slumping brand for up to $2.5 billion. Adidas said Thursday that it had reached a deal with Authentic Brands Group to offload Reebok. The deal is expected to close in ...

6. www.adidas-group.com › en › mediaadidas completes divestiture of Reebok and launches new share ...

   www.adidas-group.com › en › media

   • Cached

   adidas launches additional share buyback program of up to € 1.5 billion to return cash proceeds to shareholders. First tranche of regular multi-year share buyback program completed on February 22. adidas announced today that as of February 28, 2022, it has formally completed the divestiture of Reebok to Authentic Brands Group (ABG).

7. corporate.authentic.com › abg-to-acquire-reebokABG to Acquire Reebok — Authentic Brands Group

   corporate.authentic.com › abg-to-acquire-reebok

   • Cached

   Aug 12, 2021 · Authentic Brands Group (ABG), a global brand owner, marketing and entertainment company, today announced a definitive agreement to purchase Reebok, the iconic active and footwear brand, from adidas. Jamie Salter, Founder, Chairman and CEO of ABG, said, “We’ve had our sights set on Reebok for many years, and we’re excited to finally bring ...

8. People also ask

   Why is Adidas selling Reebok to Authentic Brands Group (ABG)?

   • REUTERS/Grigory Dukor/File Photo Purchase Licensing Rights BERLIN, Aug 12 (Reuters) - Adidas (ADSGn.DE) 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 its core brand after a deal that did not deliver.

   Adidas ends Reebok era with $2.5 bln sale to Authentic Brands

   www.reuters.com/business/adidas-sells-reebok-authentic-brands-25-bln-2021-08-12/

   See all results for this question

   Did Adidas buy Reebok?

   • Authentic Brands Group (ABG) today announced that it has completed the acquisition of Reebok from adidas. As it ushers in its largest acquisition to date, the global brand development, marketing and entertainment company is charting a new path for Reebok.

   Authentic Brands Group Finalizes the Acquisition of Reebok

   corporate.authentic.com/press-releases/abg-finalizes-reebok

   See all results for this question

   Is Reebok coming to ABG?

   • Jamie Salter, Founder, Chairman and CEO of ABG, said, “We’ve had our sights set on Reebok for many years, and we’re excited to finally bring this iconic brand into the fold.

   ABG to Acquire Reebok — Authentic Brands Group

   corporate.authentic.com/press-releases/abg-to-acquire-reebok

   See all results for this question

   Why did Reebok lose 7% of Adidas sales in 2020?

   • Reebok accounted for roughly 7% of Adidas’ sales at the end of 2020 when the company last broke out the brand’s sales, down from about 18% in 2010, according to financial statements. “Part of the issue was a lack of clarity around what Adidas wanted Reebok to be.

   Adidas is selling Reebok for less than it originally paid - CNN

   www.cnn.com/2021/08/12/business/adidas-reebok-authentic-brands-group/index.html

   See all results for this question

   Is Reebok a new brand?

   • As it ushers in its largest acquisition to date, the global brand development, marketing and entertainment company is charting a new path for Reebok. “Reebok is a brand that needs no introduction,” said Jamie Salter, Founder, Chairman and CEO of ABG.

   Authentic Brands Group Finalizes the Acquisition of Reebok

   corporate.authentic.com/press-releases/abg-finalizes-reebok

   See all results for this question

   Does the sale of Reebok affect Adidas' financial outlook?

   • The sale of Reebok has no impact on adidas’ financial outlook for the current year or the company’s 2025 financial ambition that was announced as part of its Own the Game strategy in March of 2021. J.P. Morgan acted as exclusive financial advisor to adidas AG and Hengeler Mueller served as legal counsel.

   adidas to sell Reebok to Authentic Brands Group - adidas Group

   www.adidas-group.com/en/media/press-releases/adidas-to-sell-reebok-to-authentic-brands-group

   See all results for this question

9. finance.yahoo.com › news › adidas-sells-reebokAdidas ends Reebok era with $2.5 billion sale to Authentic Brands

   finance.yahoo.com › news › adidas-sells-reebok

   • Cached

   Aug 12, 2021 · Terms. and. BERLIN (Reuters) -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 its core ...