Anta Sports Raises $1.5 Billion in Stock Sale
The Chinese sportswear giant is selling a total of 119 million shares through a placing and subscription agreement for a net price of about HK$98.58 each to raise HK$11,731 million ($1,484 mm) that will be used to pay down existing debt and for general working capital. Insiders including the founding Ding family will be temporarily diluted from 54.45% ... Log in to view full article.
