BEIJING, Jan 27, 2026 (BSS/AFP) - Chinese athletic goods giant Anta Sports will purchase a leading stake in German sportswear brand Puma, a stock exchange filing showed Tuesday. Anta acquire a share of about 29 percent in Puma, taking over from the French billionaire family Pinault as its largest shareholder. According to the agreement, Anta will buy just over 43 million shares in Puma from the Pinault holding company Artemis, priced at 35 euros apiece, the statement to the Hong Kong Stock Exchange showed. The firm, based in China's southeastern Fujian province, is one of the world's largest sportswear companies. Anta closed its acquisition of Finland-based Amer in 2019, leading a consortium in a deal worth about $5.2 billion.

Source: Bangladesh Sangbad Sangstha January 27, 2026 03:24 UTC