Anta Sports Products Agrees to Acquire Major Stake in Puma for 1.5 Billion Euros
Anta Sports Products has announced a 1.5 billion euro deal to buy a 29.06% stake in Puma. This move makes the Hong Kong-listed firm the largest shareholder.
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Anta Sports Products Ltd has officially announced its decision to acquire a 29.06% stake in the German sportswear maker Puma SE for a total of 1.5 billion Euro / U.S. Dollar . This strategic investment will make Anta Sports Products Ltd, which is listed in Hong Kong, the largest shareholder of the iconic German firm. The acquisition represents a major ownership shift for Puma SE, as the Chinese group establishes a dominant position in one of the world's most recognizable athletic brands based in Germany 
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