ANTA Sports Products Ltd

02020: XHKG (HKG)

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Anta Sports: Acquiring 29% of Puma Is Strategically Sound; Shares Very Undervalued

Ivan Su

Jan 27, 2026

Anta Sports is acquiring a 29% stake in Puma from the Pinault family’s Artémis at EUR 35 per share, for a total consideration of EUR 1.5 billion (about CNY 12.3 billion). The purchase will be funded entirely with Anta's existing cash. Closing remains subject to antitrust reviews.

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ANTA Sports Products Ltd

Anta Sports: Acquiring 29% of Puma Is Strategically Sound; Shares Very Undervalued

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