Adidas AG

euro adhoc: adidas-Salomon AG
Mergers - Acquisitions - Takeovers / adidas-Salomon to sell Salomon to Amer Sports Corporation

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

02.05.2005

For immediate release May 2, 2005

Herzogenaurach / Helsinki - adidas-Salomon AG announced today that it has entered into a sale and purchase agreement to sell its Salomon business segment, including the related subsidiaries and brands Salomon, Mavic, Bonfire, Arc’Teryx and Cliché, to the Amer Sports Corporation. This agreement has been approved by the adidas-Salomon Supervisory Board. The transaction values the segment at approximately EUR 485 million based on year-end 2004 figures. The final cash purchase price will be adjusted to reflect changes in capital employed. In addition, adidas-Salomon and Amer will enter into collaboration agreements in order to ensure a smooth transition. The sale is subject to antitrust authorities’ approval in the EU, the US and other relevant jurisdictions. The transaction is expected to complete by the end of September 2005.

(End of ad hoc release)

***

Media/IR Contacts:

adidas-Salomon AG Adi-Dassler-Str. 1-2 91074 Herzogenaurach corporate.press@adidas.de investor.relations@adidas.de

Media Relations Investor Relations
Jan Runau                                       Natalie M. Knight
Head of Corporate PR                          Head of Investor Relations
Tel.: +49 (0) 9132 84-3830             Tel.: +49 (0) 9132 84-3584
Mobile: +49 (0) 160 884-3830

Anne Putz                                       Hendric Junker
Corporate PR Manager                          Investor Relations Manage
Tel.: +49 (0) 9132 84-2964                      Tel.: +49 (0) 9132 84-4989
Mobile: +49 (0 )160 884-2964
                                                  Sebastian Steffen
            Investor Relations Manager
                                                                Tel.: +49 (0) 9132 84-3824

Please visit our corporate website: www.adidas-Salomon.com

end of announcement                                euro adhoc 02.05.2005 13:55:19
---------------------------------------------------------------------

Further inquiry note: Henrik Orth Junior Investor Relations Officer Telefon:  +49(0)9132 84 29 20 E-Mail: Henrik.Orth@adidas.de

Branche: Recreational & Sports goods
ISIN:      DE0005003404
WKN:        500340
Index:    Prime Standard, DAX, HDAX, Prime All Share, CDAX
Börsen:  Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Bayerische Börse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Frankfurter Wertpapierbörse / official dealing



Weitere Meldungen: Adidas AG

Das könnte Sie auch interessieren: