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Adidas is a German company and Reebok is a U.S. company. How come both are owned by the same person? Is it like Flipkart and Myntra are owned by the same person? -
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Adidas Ends Reebok Era With $2.5 Billion Sale to Authentic Brands
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Adidas announces plan to sell Reebok subsidiary – DW – 02/16/2021
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H&M tops 2020 fashion transparency index as 10 brands score zero | Fashion industry | The Guardian
Adidas Sells Reebok to Authentic Brands Group for $2.5 Billion
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Adidas - Wikipedia
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Adidas set to take whopping $2 billion hit after delaying Reebok sale by 4 years | Other Sports