Sports Brands | The Salesmark
Adidas To Sell Reebok For Less Than It Originally Paid

Adidas To Sell Reebok For Less Than It Originally Paid

Adidas said on Thursday that it had reached a deal with Authentic Brands Group to offload Reebok. The deal is expected to close in the first quarter of 2022, and Adidas will be paid the majority of the amount in cash then.