--Hong Kong-listed Anta Sports Products has offered to acquire 29% of German sportswear firm Puma from the Pinault family, Reuters reported, citing unnamed sources.
--The offer was made a few weeks ago and while Anta has secured financing for the acquisition, the situation has stalled, Reuters said.
--Pinault's investment holding, Artemis, had been expecting any offer for its Puma stake to exceed 40 euros ($46.70) a share, Reuters added.
--Both Artemis and Puma declined to comment. Anta did not immediately reply to a request for comment.
--Puma shares closed 8.6% higher at 24.37 euros.
Full story: https://shorturl.at/RH6oE
Write to Nina Kienle at nina.kienle@wsj.com
(END) Dow Jones Newswires
January 08, 2026 11:50 ET (16:50 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments