Hong Kong And Abu Dhabi Investors Want To Buy Reebok From Adidas:
"A group of investors from Hong Kong and Abu Dhabi plan to offer about 1.7 billion euros ($2.2 billion) to buy Reebok from Adidas AG, which acquired the company eight years ago but has since lost market share to Nike Inc.
Jynwel Capital, the investment vehicle of the billionaire Low family of Asia, and funds affiliated with the government of Abu Dhabi plan to send a letter to Adidas directors with the offer, the Wall Street Journal reported Sunday. The two investment groups are expected to argue that Reebok would operate better independently.
Representatives for Adidas and Jynwel Capital declined to comment on the speculation, according to Bloomberg."
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