Reebok shareholders approve Adidas buyout

Shareholders of British-based sportswear firm Reebok today approved a £2.1bn (€3.06bn) takeover by Adidas, in a deal the companies hope to close next week.

Reebok shareholders approve Adidas buyout
Wed, 25 Jan, 2006 - 20:27

Shareholders of British-based sportswear firm Reebok today approved a £2.1bn (€3.06bn) takeover by Adidas, in a deal the companies hope to close next week.

Reebok shareholders’ approval at the company’s US headquarters near Boston was the final hurdle for a deal that won European Union regulatory approval yesterday.

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CourtsBusinessHeathrowPlace: USPlace: BostonPlace: GermanyPerson: Paul FiremanPerson: FiremanOrganisation: ReebokOrganisation: AdidasOrganisation: European UnionOrganisation: Adidas-SalomonOrganisation: adidas’Organisation: SalomonOrganisation: Nike
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