--Adidas AG will sell its sporting-goods subsidiary Reebok International Ltd., German business magazine Manager Magazin reports without citing sources.

--The sale should be concluded by March 2021, according to the news outlet.

--Adidas didn't immediately respond to a request for comment.

 

Full story in German: https://bit.ly/3oeXJBp

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

October 22, 2020 07:15 ET (11:15 GMT)

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