Last year adidas put Reebok up for sale. And according to media, it has enough bidders.
As original fitness brand Reebok can benefit from athleisure, yoga, and home fitness. Some licensing opportunities exist. So there is room for growth.
Dutch Philips is selling its home appliance business, with an annual revenue of about €2.2B.
The buyer, Hillhouse Capital, will be granted an exclusive brand license for Philips and various other brands for 15 years with a renewal option.
Hillhouse Capital pays about €3.7B plus €700M in estimated royalties.
Die Holländische Philips veräußert das Elektrogeräte-Geschäft mit jährlich etwa €2,2Mrd. Umsatz.
Der Käufer, Hillhouse Capital, erhält exklusive Markenlizenzen für Philips und andere Marken für 15 Jahre plus Verlängerungsoption.
Hillhouse Capital bezahlt €3.7Mrd. plus etwa €700M an Lizenzgebühren.
Reckitt Benckiser, often shortened to rb, is changing its name to Reckitt.