Master P

Master P Sets Sights On Reebok In $2.4 Billion Sale

Published: Wednesday 30th Dec 2020 by Sam

Master P has long established himself as an astute entrepreneur and, should his latest goal come to fruition, he’ll be even more achieved.

For, the Hip-Hop mogul has his sights set on acquiring sportswear brand Reebok.

Full story below…

According to Forbes, Reebok (which has been owned by Adidas since 2005) is up for sale with a reported price-tag of $2.4 Billion.

Master P, who has a pronounced business portfolio, is said to be in talks to take it on alongside NBA All-Star Baron Davis.

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And while specifics are being kept under wraps, it seems there is movement behind the scenes.

Sources tell Forbes the aim is to complete a deal with one of the many bidders) by March 2021, while Bloomsberg assert Reebok – who recently teamed up with Cardi B – “will decide in the coming months” if a sale is on the cards.

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