Amer Sports, the parent company of the ancestral bird, will set the IPO price at the end of the month, aiming to raise $1 billion in financing.
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Sporting goods manufacturer Amer Sports, known for its Wilson tennis rackets, plans to conduct its first initial public offering (IPO) in the United States by the end of January, with a financing amount of $1 billion. The company aims to raise $1 billion, valuing the company at $10 billion. Amer Sports owns major brands such as Arc'teryx, Salomon, Atomic, and Peak Performance. The IPO will publicly disclose its financial statements and begin trading at the end of this month. This IPO is expected to be one of the largest in the world.
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