Scalper1 News
As Nike (NKE) and smaller brands such as Under Armour (UA) continue to drive past Adidas AG and steal market share, Hong Kong-based Jynwel Capital and investors from Abu Dhabi are reportedly lining up a bid to acquire Reebok from the Germany-based sportswear retailer. Contending that Reebok would fare better separately from Adidas, investors are planning to offer the company $2.2 billion for the shoe- and jersey-maker, the Wall Street Journal Scalper1 News
Scalper1 News