After years of sluggish sales, the German sportswear brand has decided to divest from Reebok, which it acquired in 2006.
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Adidas sells Reebok to US conglomerate after shareholder pressure
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Authentic Brands Tries to Revive Reebok After Adidas Failed
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Adidas planning to sell ailing Reebok business within months
Adidas Sells Reebok to Authentic Brands Group for $2.5 Billion