France’s billionaire Pinault family agreed to sell its 29% stake in Puma SE to China’s Anta Sports Products Ltd., paring back ...
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 ...
China’s biggest athletic apparel maker has been on a global brands-shopping spree. Read more at straitstimes.com. Read more ...
Shares of Puma SE surged more than 16% on Tuesday after China’s sportswear giant Anta Sports Products Limited announced plans ...
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 ...
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 ...
Anta Sports Ltd. will purchase a 29.06% stake in the Puma brand from Artemis for €1.5 billion ($1.8 billion USD).
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 ...
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 ...
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