AS went out at $13 per share Thursday morning, below the indicated range in its prospectus of $16 to $18 per share, implying a market cap of about $6.3 billion. The offering of 100 million shares was fully subscribed, with an additional 5 million shares sold from the overallotment, but Amer parent AS Holdings’ owners accounted for about 60% of the shares sold, Bloomberg reported, citing an inside source. Anta Sports and Chip Wilson’s Anamered Investments planned to buy as much as $220 million worth of shares, with Tencent Holdings buying ... Log in to view full article.