France’s billionaire Pinault family agreed to sell its 29% stake in Puma SE to China’s Anta Sports Products Ltd., paring back its holdings beyond the luxury-goods industry as it focuses on a ...

China’s Anta Sports will buy a 29.06% stake in Puma for €1.5 billion ($1.8 billion), becoming the German sportswear brand’s ...

Anta Sports Ltd. will purchase a 29.06% stake in the Puma brand from Artemis for €1.5 billion ($1.8 billion USD).

Chinese sportswear giant ANTA Sports Products has announced a landmark agreement to acquire a roughly 29% stake in German athletic apparel company Puma SE in a deal valued at approximately 1.5 billion ...

FUZHOU, Jan. 27 (Xinhua) -- China's sportswear giant Anta Sports announced on Tuesday that it will buy a 29.06% stake in German group Puma SE for 1.5 billion euros, making the Chinese company the ...

Accelerates multi-brand globalization strategy and enhances ANTA’s global reach and competitiveness Brings proven growth track record to help unlock PUMA’s potential globally including in China ...

China’s biggest athletic apparel maker has been on a global brands-shopping spree. Read more at straitstimes.com. Read more ...

The deal takes the Chinese brand a step forward in its “single-focus, multi-brand, and globalization” strategy.

Puma SE is poised for a turnaround with strong growth plans in the US market and strategic athlete endorsements, leading me to assign a "Buy" recommendation. Despite recent subpar financial ...