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 ...

The all-cash deal is expected to close by the end of 2026.

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 ...

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 ...

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 ...

The equity acquisition will be entirely financed with ANTA Sports’ internal cash resources. Ding Shizhong, Board Chairman of ANTA Sports, commented: “This acquisition makes ANTA Sports the largest ...

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 ...

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