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ADDYY Adidas AG (QX)

123.82
2.23 (1.83%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Adidas AG (QX) USOTC:ADDYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  2.23 1.83% 123.82 121.13 124.00 124.00 121.69 122.00 21,702 21:05:46

Private-Equity Firms Eye Adidas's Reebok -FT

09/11/2020 10:13am

Dow Jones News


Adidas (QX) (USOTC:ADDYY)
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--Private-equity firms are interested in buying Adidas AG subsidiary Reebok, the Financial Times reports, citing unnamed sources.

--The FT says private-equity firms Permira and Triton have considered a move for the sporting-goods brand, which Adidas acquired in 2006.

--It was reported last month by German business magazine Manager Magazin that Adidas would sell Reebok, with the deal reportedly set to be concluded by March 2021.

 

Full story: https://on.ft.com/3eGAFY3

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

November 09, 2020 04:58 ET (09:58 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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