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Covid-19 has changed the way companies negotiate

Increasingly, negotiations in the hide and leather industry are being conducted virtually, remotely and online. At the same time, across the globe, as the prices of both inputs and outputs have become much more volatile, all traditional transaction terms are now up for grabs as supply chains are coming under protracted strain. 


Adidas agrees to sell Reebok to Authentic Brands Group

Adidas has announced that it has entered into a definitive agreement with Authentic Brands Group (ABG) to sell Rebook for a total consideration of up to €2.1 billion, with the majority to be paid in cash at closing of the transaction and the remainder comprised of deferred and contingent consideration.


Marfrig increases stake in National Beef

During a meeting on November 17, the members of the Board of Directors of the Brazilian meat processor unanimously agreed to increase Marfrig’s membership interest in the voting and total capital of National Beef.