SEHK:2020Luxury
ANTA Sports Links Puma Stake To Multi Brand Global Growth Strategy
ANTA Sports Products (SEHK:2020) is acquiring approximately 29% of Puma, becoming its largest shareholder.
The company plans to seek board representation at Puma as part of the transaction.
The deal is framed as a step in ANTA’s global expansion while keeping Puma’s brand independence intact.
ANTA Sports Products, a major Chinese sportswear group, is using this Puma stake to extend its reach beyond its home market and existing international partnerships. For you as an investor, it links...