The stake is being acquired from Groupe Artemis, the investment company of the Pinault family, and will make ANTA the largest shareholder in the German-listed sportswear group. The transaction is expected to close by the end of 2026, subject to regulatory approvals and customary closing conditions. ANTA said the investment will be fully financed using internal cash resources and confirmed that it has no current plans to launch a takeover offer for PUMA. Instead, the Chinese sportswear group intends to support PUMA's existing management, strategy, and independent brand identity. 'This acquisition makes ANTA Sports the largest shareholder of PUMA and marks a major step forward in our 'single-focus, multi-brand, globalisation' strategy,' said Ding Shizhong, board chairman of ANTA Sports. 'PUMA is an iconic global brand with substantial heritage. Working with PUMA, we look forward to learning from each other and joining hands to fully unlock the brand's full potential.' ANTA said it...
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