Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

ADIDAS AG (ADS)

Real-time Quote. Real-time Tradegate - 08/27 04:02:32 pm
67.142 EUR   +3.23%
03:20a HERBERT HAINER : Adidas CEO sees no crisis in China - paper
08/26 ADIDAS : releases special shoes for Portland Timbers' Cascadia Cup m..
08/26DJWinners, Losers in China's Upheaval
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
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
03:20a HERBERT HAINER : Adidas CEO sees no crisis in China - paper
08/26 ADIDAS : releases special shoes for Portland Timbers' Cascadia Cup matchup with ..
08/26DJWinners, Losers in China's Upheaval
08/26 ADIDAS : Reebok brand to re-emerge next year
08/25 ADIDAS : Ashworth College Offers a New Career Diploma
08/24 ADIDAS : Ashworth College Offers a New Career Diploma
08/23 ADIDAS : Guards to walk out at Brady's hospital
08/22 ADIDAS : 48 hours LIVERPOOL HOT LIST your next
08/21 ADIDAS : Rubio predicts Pinoys would make it to NBA
08/20 ADIDAS : accuses Forever 21 and Central Mills of infringing on three-stripe trad..
Advertisement
Chart
Duration : Period :
adidas AG Technical Analysis Chart | ADS | DE000A1EWWW0 | 4-Traders
Income Statement Evolution
More Financials