Tag: $Anta Sports

Puma shares surge after Anta Sports buys stake for $1.8 billion amid turnaround efforts

Shares of Puma surged Tuesday after China’s Anta Sports said it would acquire a 29% stake from the French billionaire Pinault family, as the German sportswear company works to turn itself around amid struggling sales and brand momentum.

Puma shares pop 14% after report China’s Anta Sports is looking to buy the sportswear giant

Puma shares jumped as much as 16% early Thursday following a report that China’s Anta Sports is among a number of firms looking to buy the struggling German athletic brand.