German sportswear giant Adidas is planning to sell its Reebok division, as the group is currently seeking to put an end to the ill-fated investment in the United States-focused brand.
Merger, acquisition and takeover
ConocoPhillips Will Buy Concho Resources for $9.7 Billion
ConocoPhillips agreed on Monday afternoon to buy American shale oil producer Concho Resources for $9.7 billion, and the energy sector continued to consolidate amid lower oil prices and demand.