adidas AG (ADSGn.DE) Key Developments | Reuters.com
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adidas AG (ADSGn.DE)

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Latest Key Developments (Source: Significant Developments)

Adidas AG reaffirms FY 2015 outlook
Wednesday, 5 Aug 2015 08:00pm EDT 

Adidas AG:Confirms guidance for full FY 2015.Group sales are still forecasted to increase at mid-single-digit rate on currency-neutral basis in FY 2015.  Full Article

Adidas AG acquires all outstanding shares of runtastic GmbH
Wednesday, 5 Aug 2015 12:00pm EDT 

Adidas AG:Has acquired all outstanding shares of runtastic GmbH.Transaction values Runtastic at an enterprise value of 220 million euros.With 50.1 pct ownership, Axel Springer SE through its subsidiary Axel Springer Digital Ventures GmbH was the major shareholder of runtastic GmbH.  Full Article

Adidas AG completes divestiture of Rockport
Monday, 3 Aug 2015 02:30am EDT 

Adidas AG:Says completes divestiture of Rockport to a new entity formed by Berkshire Partners LLC and New Balance Holding Inc.  Full Article

Adidas AG confirms FY 2015 outlook
Monday, 4 May 2015 08:00pm EDT 

Adidas AG:Confirms guidance for full FY 2015.Group sales are forecasted to increase at mid-single-digit rate on a currency-neutral basis in FY 2015.  Full Article

Adidas extends outfitting deal with Bayern Munich
Wednesday, 29 Apr 2015 07:07am EDT 

Adidas AG:Says to extend outfitting deal with Bayern Munich until 2030.Spokeswoman says won't comment on deal value.  Full Article

Vulcabras Azaleia SA and adidas AG will not renew joint venture deals
Friday, 20 Mar 2015 04:36pm EDT 

Vulcabras Azaleia SA:Says that the company and adidas AG, the owner of Reebok brand, decided not to renew joint venture deals in Brazil and Argentina as of Jan. 1, 2016.Businesses existing between parties will remain unchanged until Dec. 31.  Full Article

Adidas AG issues FY 2015 outlook below analysts' estimates and proposes FY 2014 dividend
Thursday, 5 Mar 2015 01:30am EST 

Adidas AG:Management to propose dividend of 1.50 euros per share.FY 2015 currency-neutral group sales to increase at mid-single-digit rate.FY 2015 net profit from continuing operations should increase by 7-10 pct.FY 2015 revenue 15,539 million euros - Thomson Reuters I/B/E/S.FY 2015 net profit 696.59 million euros - Thomson Reuters I/B/E/S.  Full Article

Adidas AG sells Rockport for $280 million
Thursday, 22 Jan 2015 07:00pm EST 

Adidas AG:Sells Rockport shoe brand for $280 million.Is selling it to new entity formed by Berkshire Partners and New Balance and expects sale to be completed later in 2015.  Full Article

Adidas AG confirms FY 2014 financial guidance
Thursday, 6 Nov 2014 01:30am EST 

Adidas AG:Confirm guidance for FY 2014.FY 2015 group sales are forecast to increase at a mid-single-digit rate.Sees FY 2015 net income to grow at a higher rate than group sales.FY 2014 revenue estimate 14.614 billion euros - Thomson Reuters I/B/E/S.FY 2014 net income estimate 653.53 million euros - Thomson Reuters I/B/E/S.  Full Article

Adidas AG to issue two eurobonds of up to 1 billion euros in total
Tuesday, 30 Sep 2014 08:00pm EDT 

Adidas AG:Resolved to issue two eurobonds of up to 1 billion euros in total.Bonds will have a 7-year and a 12-year term, respectively.Will use proceeds from the offering for repayment of debt, pre-funding of future debt maturities, pension funding, returns to shareholders.  Full Article

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Adidas agrees record new deal with German soccer team

PARIS/FRANKFURT Adidas has agreed to extend its sponsorship deal with world soccer champions Germany until 2022, paying 50 million euros ($56.7 million) per year to overtake France as the most lucrative national team sportswear contract.