Private-Equity Firms Eye Adidas's Reebok -FT
November 09 2020 - 05:13AM
Dow Jones News
--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
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(END) Dow Jones Newswires
November 09, 2020 04:58 ET (09:58 GMT)
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