The Wallstreet journal has reported that investors are looking to buy Reebok from Adidas for $2.2 Billion Dollars. The people that are looking to make this move are Jynwel Capital they are an arm of the billionaire family from Asia there funds are connected to Abu Dubai government. This offer is low compared to the $3.8 Billion offer that Adidas made to buy Reebok back in 2006. Make a mental note that Reeboks share of the U.S. footwear market has fallen greatly since then having dropped from 8% to 1.8%. Should Reebok make a deal so that they can benefit from new managament? I say do cause of numbers keep getting lower & lower there could be a chance that Reebok could be no longer so why not benefit from new Management & New Ideas be the company takes a plunge.
Written By: Sayitwityakickz
Source: Wallstreet Journal
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