Adidas completes divestiture of Reebok; launches new share buyback program

By 2022-03-01T12:28:00

reebok-ABG

Adidas has formally completed the divestment of Reebok to Authentic Brands Group (ABG) on Feb. 28, 2022. On a transitional basis, the company announced that it would continue to operate the business on behalf of ABG in several markets. Subsequently, the Reebok business will be fully transferred to ABG’s operating ...

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