Member access

4-Traders Homepage  >  Shares  >  Xetra  >  Adidas AG    ADS   DE000A1EWWW0

ADIDAS AG (ADS)

247
Real-time Quote. Real-time Tradegate - 12/19 01:14:00 pm
56.586 EUR   +0.06%
2h ago Factbox - European companies adjust strategies in Russia
2h ago Western companies scramble to cope with Russian rouble drop
3h ago Europe beware! Ashley's Sports Direct is spoiling for a fight
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Adidas Subsidiary To Acquire US-Based Adams Golf

03/19/2012 | 04:46am US/Eastern

TaylorMade-adidas Golf, a subsidiary of the German sportswear and equipment maker adidas AG (>> adidas AG), said Monday it has entered into an agreement to acquire all outstanding shares of golf clubs manufacturer Adams Golf (ADGF) for $10.80 per share in cash.

MAIN FACTS:

-The total value of the transaction amounts to $70 million or EUR53 million, representing a premium of around 71% to the share price prior to Jan. 4, 2012, when Adams Golf's said it was considering alternative strategies.

-The adidas group plans to finance the takeover with cash on hand or via existing credit lines.

-The transaction is subject to customary closing conditions, regulatory approvals as well as approval by Adams Golf shareholders.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 
 

Stocks mentioned in the article : adidas AG
React to this article
Latest news on ADIDAS AG
2h ago Factbox - European companies adjust strategies in Russia
2h ago Western companies scramble to cope with Russian rouble drop
3h ago Europe beware! Ashley's Sports Direct is spoiling for a fight
4h ago ADIDAS : Hameedia title sponsor of Envoy Golf Classic
1d agoDJNike Sees Jump in Sales, Growth Concerns -- 3rd Update
1d agoDJNike Sees Jump in Sales, Growth Concerns -- 2nd Update
1d agoDJNike Sales Jump 15% -- Update
1d ago ADIDAS : NFF in Talks Over Sponsorship Renewal
2d agoDJAhead Of The Tape
2d agoDJNIKE'S STOCK'S LATEST SPORT : Mountain Climbing -- Ahead of the Tape
Advertisement
Chart
Duration : Period :
adidas AG Technical Analysis Chart | ADS | DE000A1EWWW0 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF