ANTA SPORTS reportedly intends to acquire a 29% stake in Puma and is prepared with the acquisition funds
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ANTA SPORTS has proposed to acquire a 29% stake in Puma, with funds ready, but progress has stalled. The Pino family hopes for an offer exceeding €40 per share. Puma's stock price rose 9% due to the acquisition news, with a market value of €3.3 billion, down about 50% compared to the same period last year. Analysts believe that the Artemis Group's sale of shares is a positive signal for Puma's equity development, which may support brand investment and transformation strategies
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