Preview - Please log in to view full article.

Article Date: October 2018
Word Count: 303

Discussions Remain Active on Anta Takeover of Amer Sports

Both Anta and Amer confirmed that there have been preliminary discussions about a buyout of Amer at €40 per share, valuing the company at €4 billion. Anta has been in talks with banks to arrange financing and proceeding with due diligence, according to Reuters. Both companies pointed out that there were a number of conditions that had to be satisfied, including shareholder and board approvals as well as regulatory clearance.


There was a huge surge of Chinese companies buying Western brands in 2016. That activity cooled somewhat this year as the Chinese economy has slowed and is down 27% in value ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.