Chinese Anta Sports Products Offers to Buy Pinault Family's Stake in Puma, Reuters Says, Citing Unnamed Sources

Dow Jones01-09
 

--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)

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