The billionaire founder of Lululemon is in talks to acquire a 20% stake in the group that is putting together financing to buy Amer Sport, according to a report in Bloomberg. The group is led by Chinese sneaker giant Anta, backed by Asian fund FountainVest, but is also reported to be in talks with Tencent Holdings for a 5-10% stake. The offer, which would value Amer at €4.7 billion, sent Amer’s stock up nearly 10% to €35.44 but that remains significantly below the €40 per share offer, suggesting there is still some doubt about the transaction going through. In the ... Log in to view full article.