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Adidas Buys Reebok Distribution Rights For Russia, No Terms Disclose

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  • Adidas Buys Reebok Distribution Rights For Russia, No Terms Disclose

    ADIDAS BUYS REEBOK DISTRIBUTION RIGHTS FOR RUSSIA, NO TERMS DISCLOSED

    AFX Europe (Focus)
    May 10, 2006

    FRANKFURT (AFX) - Adidas-Salomon AG said it has acquired the
    distribution rights for the Reebok brand in Russia and other former
    Soviet states from Russia's ZAO RBK-Retail for an undisclosed sum,
    effective Jan 1 next year.

    The deal includes rights for Ukraine, Kazakhstan, Uzbekistan, Belarus,
    Armenia and Azerbaijan, the sporting goods maker said.
    From: Baghdasarian
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