Adidas reached an out-of-court deal with musician Kanye West

Adidas and rapper Ye (formerly Kanye West) struck an out-of-court settlement to halt all legal procedures, the sportswear giant said on Tuesday, noting that no money changed hands.

Adidas and Ye have been involved in various litigation over the last two years, after the German business discontinued a deal with the musician formerly known as Kanye West due to his anti-Semitic sentiments.

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