Chinese athletic goods giant Anta Sports will buy a controlling stake in historic German sportswear brand Puma for $1.79 billion, a stock exchange filing showed Tuesday, as it expands its international presence.
Anta will buy 43 million shares for 35 euros apiece from the French billionaire Pinault family's Artemis group, the statement to the Hong Kong exchange said, giving it a 29 percent stake.
kAm%96 AC:46 :D 2 >@C6 E92? e_ A6C46?E AC6>:F> E@ !F>2VD =2DE 4=@D6[ 244@C5:?8 E@ q=@@>36C8 52E2[ 2?5 G2=F6D E96 562= 2E `]d` 3:==:@? 6FC@D]k^Am
kAmp?E2 D2:5 :? E96 DE2E6>6?E E92E E96 DE2<6 H@F=5 Q7FCE96C 6?92?46 :ED AC6D6?46 2?5 3C2?5 C64@8?:E:@? :? E96 8=@32= DA@CE:?8 8@@5D >2C<6EQ[ :?4=F5:?8 r9:?2]k^Am
kAmQ(6 36=:6G6 !F>2VD D92C6 AC:46 @G6C E96 A2DE 76H >@?E9D 5@6D ?@E 7F==J C67=64E E96 =@?8\E6C> A@E6?E:2= @7 E96 3C2?5[Q p?E2 492:C>2? s:?8 $9:K9@?8 D2:5]k^Am
kAm(9:=6 E96 DE2E6>6?E D2:5 p?E2 925 ?@ A=2?D E@ =2F?49 2 7F== E2<6@G6C @7 !F>2[ :E H:== Q42C67F==J 2DD6DD E96 A@DD:3:=:EJ @7 7FCE96C 566A6?:?8 E96 A2CE?6CD9:A 36EH66? E96 EH@ A2CE:6D :? E96 7FEFC6Q]k^Am
kAmpCE6>:D D2:5 E96 D2=6 H@F=5 2==@H :E E@ QC656A=@J :ED C6D@FC46D E@ ?6H G2=F6\4C62E:?8 D64E@CDQ]k^Am
kAm%96 562= :D 6IA64E65 E@ 4=@D6 3J E96 6?5 @7 E96 J62C[ E9@F89 :E :D DF3;64E E@ C68F=2E@CJ 2AAC@G2=D[ 2?5 E96 4@>A2?J H:== 3FJ D92C6D H:E9 42D9]k^Am
kAmp?E2 564=:?65 E@ 4@>>6?E @? E96 562= H96? 4@?E24E65 3J pu!]k^Am
kAm%96 7:C>[ 32D65 :? r9:?2VD D@FE962DE6C? uF;:2? AC@G:?46[ :D @?6 @7 E96 H@C=5VD =2C86DE DA@CEDH62C 4@>A2?:6D]k^Am
kAmu@F?565 :? `hh`[ :E :D E96 A2C6?E 4@>A2?J @7 >2?J 8=@32= 3C2?5D E9C@F89 :ED DF3D:5:2CJ p>6C $A@CED[ :?4=F5:?8 (:=D@?[ pC4VE6CJI 2?5 $2=@>@?]k^Am
kAmp?E2 4=@D65 :ED 24BF:D:E:@? @7 u:?=2?5\32D65 p>6C :? a_`h[ =625:?8 2 4@?D@CE:F> :? 2 562= H@CE9 23@FE Sd]a 3:==:@?]k^Am
kAmxE 2=D@ 4@?EC@=D C:89ED :? E96 G2DE r9:?6D6 >2C<6E 7@C 7@C6:8? DA@CEDH62C 7:C>D :?4=F5:?8 u:=2 2?5 s6D46?E6]k^Am
kAmp?E2 92D 364@>6 E96 H@C=5VD E9:C5\=2C86DE DA@CEDH62C 3C2?5 7@==@H:?8 }:<6 2?5 p5:52D[ 244@C5:?8 E@ 52E2 2?2=JE:4D 7:C> tFC@>@?:E@C x?E6C?2E:@?2=]k^Am
kAm!F>2[ 9@H6G6C[ 92D 366? DECF88=:?8 H:E9 H62< 56>2?5 :? C646?E >@?E9D 2?5 D2H D2=6D 564C62D6 >@C6 E92? `d A6C46?E :? E96 E9:C5 BF2CE6C @7 =2DE J62C]k^Am
kAmrt~ pCE9FC w@6=5[ H9@ H2D 2AA@:?E65 =2DE J62C[ 92D D2:5 E96 3C2?5 925 364@>6 QE@@ 4@>>6C4:2=Q 2?5 H2D F?56C8@:?8 2 QC6D6EQ =2DE J62C E@ :>AC@G6 @? 3C2?5 962E[ 5:DEC:3FE:@? BF2=:EJ 2?5 AC@5F4E @776C:?8]k^Am
kAmw@6=5 E@=5 :?G6DE@CD :? ~4E@36C E92E E96 4@>A2?JVD 8@2= H2D E@ Q364@>6 2 E@A E9C66 DA@CED 3C2?5 :? E96 7FEFC6 282:?Q]k^Am
kAmw6 566>65 a_ae 2 QJ62C @7 EC2?D:E:@?Q[ G@H:?8 2 C6EFC? E@ 8C@HE9 :? a_af]k^Am
kAm!F>2 :D D6E E@ C6=62D6 :ED a_ad 7F==\J62C 7:?2?4:2= C6DF=ED @? u63CF2CJ ae]k^Am
kAmA74\>J2^59H^>EAk^Am
