Adidas: investment company Jynwel Capital submits offer to buy Reebok for €1.71 billion

News Tank Football - Paris - News #26944 - Published on 21/10/14 at 16:10
©  D.R.
©  D.R.

Jynwel Capital, an investment company based in Hong Kong and Abu Dhabi (UAE), have sent an unsolicited offer of $2.2bn (€1.71bn) to the Adidas group to buy the Reebok brand, announced the American newspaper The Wall Street Journal on 20/10/2014.

Adidas acquired Reebok for over €3bn in 2006, almost double the current offer from Jynwel Capital...

©  D.R.
©  D.R.

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