sale

adidas confirms Reebok sale on agenda, gives date for decision

Last updated : Dec 16, 2020 20:12

SportzPower Team

Dec 15, 2020 19:12

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ADIDAS AG HAS PUT AN OFFICIAL seal on speculation that has been floating for a while now - that the German sportswear giant is actively considering selling off its subsidiary brand Reebok, which it acquired in 2006 to directly take on archrival Nike Inc in the US market.

adidas had bought Boston-based Reebok for $3.8 billion, but a lack of progress in turning it around led to repeated calls from investors to dispose of the brand, Reuters reports.

Jul 08, 2019 15:07

Lagardère Sports sale process shifts up a gear

PARIS: Lagardère SCA, the holding company of the Lagardère Group, declared Monday it was "currently in the process of evaluating the strategic options for the sale of all or part of" its multinational sports and entertainment agency Lagardère Sports.

Apr 01, 2019 16:04

Receiver puts Blackpool FC up for sale

GLASGOW, Scotland: Blackpool Football Club Limited, have appointed Hilco Global, a leading independent international financial services company, to assist in the sale and marketing of the club and related football assets.

Sep 28, 2018 15:09

Spurned Force India bidder files suit in London court over team’s sale

LONDON: Sahara Force India’s sale to a consortium headed by Canada's Lawrence Stroll is facing a challenge in London's High Court by Uralkali, a Russian potash fertilizer producer and exporter, whose bid was spurned by administrators FRP Advisory despite making a much better financial offer.

Jul 09, 2018 16:07

Open to sale but no offer tabled: Mallya on Force India

SILVERSTONE, ENGLAND: Sahara Force India co-owner and team principal Vijay Mallya has quashed recent media speculation that the Silverstone-based Formula One team was in advanced sale negotiations though he admitted being open to serious offers "backed by cash".

Jun 21, 2018 14:06

'Force India not up for sale'

MUMBAI: Sahara Force India is not up for sale, a source "close" to Vijay Mallya, co-owner and team principal of the Silverstone-based Formula 1 team, has asserted. "Nothing is happening - no sale or anything of Force India. F1 is notorious for people wanting to buy teams. I would take it with a pinch of salt," the Mallya 'aide' told Business Standard.

Jun 15, 2018 17:06

Liberty loan reason for Mallya exit from Force India board: Report

MUMBAI: The reason fugitive business tycoon Vijay Mallya resigned as director of the Sahara Force India two weeks ago was NOT about handing over the reins to his son Siddharth, as the Formula One team co-owner had implied at the time.

Dec 20, 2017 09:12

AFC commercial rights tender to be published in February

KUALA LUMPUR: The Asian Football Confederation (AFC) Tuesday confirmed that the tender for sale of the commercial rights for the two cycles between 2021 and 2028 will be published on February 1, 2018. After a re-scheduling, approved by the AFC executive committee in Bangkok in November, it has been decided that the rights tender will be issued to both agencies and broadcasters.

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