Adidas in talks to sell ice hockey business
FRANKFURT (Reuters) - German sports apparel company Adidas (ADSGn.DE) has been approached by several parties interested in buying its ice hockey business, its chief executive said on Thursday.
"I can confirm that we are engaged in discussions but no decision has been made," Herbert Hainer told analysts after the group reported third-quarter results.
The ice hockey business is currently suffering at the moment from a lockout at the National Hockey League, which threatens to wipe out the entire season, as owners and players row over a labor deal.
- Tesla says in talks with BMW over car batteries, parts
- Exclusive: China ready to cut rates again on fears of deflation - sources
- Actor Dwight Henry eyed in New Orleans killing after arrest for theft
- China building South China Sea island big enough for airstrip: report
- Suicide bomber kills 45 at volleyball match in Afghanistan
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video