Member access

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

ADIDAS AG (ADS)

148
End-of-day quote. End-of-day quote Xetra - 04/17
75.57 EUR   -1.56%
14h ago ADIDAS : Pain for Gerrard ; AGONY FOR GERRARD
15h ago ADIDAS : Gerrard aching for glory ; AGONY FOR GERRARD
1d ago ADIDAS : Murdered gangster's son missing
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Adidas Subsidiary To Acquire US-Based Adams Golf

03/19/2012 | 04:46am US/Eastern
Recommend:
0

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
Recommend :
0
React to this article
Latest news on ADIDAS AG
14h ago ADIDAS : Pain for Gerrard ; AGONY FOR GERRARD
15h ago ADIDAS : Gerrard aching for glory ; AGONY FOR GERRARD
1d ago ADIDAS : Murdered gangster's son missing
2d ago ADIDAS : Net-a-Porter Is Reportedly Ramping Up Its Activewear Offerings
2d ago Massive strike at Nike
3d ago China shoe factory strike shows welfare Achilles' heel
3d ago Online retailers in Germany under fire over working conditions
3d ago ADIDAS : appoints Mark King as President of adidas Group North America, Ben Shar..
3d agoDJChinese Footwear Group Makes Offer to Settle Strike Over Benefit Payments
3d ago NIKE : workers go on strike
Advertisement
Chart
Duration : Period :
adidas AG Technical Analysis Chart | ADS | DE000A1EWWW0 | 4-Traders
Income Statement Evolution
adidas AG : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF