Reebok shareholders approve Adidas buyout

Shareholders of British-based sportswear firm Reebok have approved a £2.1bn (€3.1bn) takeover by Adidas in a deal the companies hope to close next week.

Reebok shareholders approve Adidas buyout
Thu, 26 Jan, 2006 - 06:51

Shareholders of British-based sportswear firm Reebok have approved a £2.1bn (€3.1bn) 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 on Tuesday.

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