Member access

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

ADIDAS AG (ADS)

232
Real-time Quote. Real-time Tradegate - 09/23 10:24:42 am
60.995 EUR   +0.14%
6h ago ADIDAS : Man in court to face charge of killing step-gran
8h ago ADIDAS : look of the week
8h ago ADIDAS : look of the week
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
6h ago ADIDAS : Man in court to face charge of killing step-gran
8h ago ADIDAS : look of the week
8h ago ADIDAS : look of the week
2d ago ADIDAS : Be fair, Adidas told by woman paid Pounds 2 a day
4d ago ADIDAS : Fitness boom will spur adidas sales, says md
5d ago ADIDAS : Have you seen missing teen? ; In Brief
5d ago ADIDAS : Missing boy ; IN BRIEF ...
5d ago ADIDAS : "Portable Fitness Monitoring Systems with Displays and Applications The..
5d ago ADIDAS : Tom Daley enters 'fashion world' with Adidas shoot
5d ago ADIDAS : Relay for top school athletes
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