Adidas-Salomon acquires Reebok’s outstanding shares
Date Closed
January 31, 2006
Lead Office
Montréal
Value
3.80 Billion USD
On January 31, 2006, Adidas-Salomon AG, one of the global leaders within the sporting goods industry, completed its acquisition of the outstanding shares of Reebok International Ltd. for US$59 per share in cash. The transaction value is approximately €3.1 billion (US$3.8 billion) including the assumption of net cash of €69 million (US$84 million).
McCarthy Tétrault advised Reebok regarding competition law matters with a team that was led by Yves Comtois and Yves Beriault.