Adidas is a German company and Reebok is a U.S. company. How come both are owned by the same person? Is it like Flipkart and Myntra are owned by the same person? -
![adidas is selling Reebok to Authentic Brands Group for $2.5 Billion - YOMZANSI. Documenting THE CULTURE adidas is selling Reebok to Authentic Brands Group for $2.5 Billion - YOMZANSI. Documenting THE CULTURE](https://s3.amazonaws.com/yomzansi.com/wp-content/uploads/2021/08/13093529/adidas-sell-reebok-authentic-brands-group.jpg)
adidas is selling Reebok to Authentic Brands Group for $2.5 Billion - YOMZANSI. Documenting THE CULTURE
![adidas Confirms Reebok Sale, Hypebae | tech ADIDAS x WALES BONNER Long Sleeves Shirt Man Rot, ABG Potential Buyer adidas Confirms Reebok Sale, Hypebae | tech ADIDAS x WALES BONNER Long Sleeves Shirt Man Rot, ABG Potential Buyer](https://image-cdn.hypb.st/https%3A%2F%2Fhypebeast.com%2Fwp-content%2Fblogs.dir%2F6%2Ffiles%2F2020%2F12%2Fadidas-confirms-selling-reebok-abg-potential-purchaser-news-1.jpg?cbr=1&q=90)