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Deals Rumor Mill: Adidas, Allergan, Sigma-Tau

By Benjamin Horney (October 20, 2014, 5:08 PM EDT) -- Hong Kong-based Jynwel Capital and certain funds affiliated with the Abu Dhabi, United Arab Emirates, government plan to offer German sporting goods company Adidas AG roughly €1.7 billion ($2.2 billion) for Reebok International Ltd., according to a Monday report from The Wall Street Journal. The offer will come in the form of a letter that will argue Reebok should be managed independently, the report said. The news comes less than a month after Adidas announced a three-year, $1.9 billion buyback plan amid pressure from shareholders who have complained about sagging performance....

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