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Europe's largest sports goods manufacturer Adidas Germany - Salomon 3 announced that it plans to spend 3.1 billion euros acquisition of Reebok USA to further challenge the world sports goods Nike US manufacturing supremacy. Reebok is the second largest after the United States, Nike sports goods manufacturers, ranked third worldwide, has a great influence in the United States and worldwide. If the ultimate success of the acquisition of Reebok, Adidas, is bound to enhance their strength to compete with Nike, the key US market. Chinese famous brand strategy expert Mr. Zhao Changbiao argued that the basic pattern of international competition in the footwear industry and will not change dramatically. Adidas Chairman and CEO Hainer said the day: "This decision for our company is a strategic milestone event in the history of the world has the sporting goods industry, let two of the most representative and well-known giant joint. up only once a lifetime thing. " Reebok Chairman and CEO Fahlman also the prospect of the two companies jointly expressed optimism. Under the ag cheap foamposites reement, Reebok will continue to retain their own brands, the headquarters still in Canton, Massachusetts. Adidas also said it will not appear massive layoffs after the merger. Both sides believe that this transaction is expected to be completed before the first half of next year. However, according to the general procedure, the acquisition is subject to the shareholders' meeting by both sides and approved by the relevant regulatory authorities. 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