The deal is set to close before the end of the year and has now cleared a major regulatory step.
A MILE. A MINUTE.
The deal is set to close before the end of the year and has now cleared a major regulatory step.
The Chinese sportswear giant said on Wednesday that its sub brands led growth in the first six months of the year.
Co-chief executive Lai Shixian step in as interim CEO effective immediately and Yang will be assigned a new role in the company.
Anta will have to pay an additional sum as part of its acquisition of a majority stake in Puma if it launches a takeover bid of the German sportswear brand within a specified transfer period, based on regulatory filings with the Hong Kong Stock Exchange. According to the disclosure late last month, when the Chinese …
After months of speculation about its future, the struggling German sportswear maker received a major lifeline on Tuesday.
The struggling German sportswear company could see a lifeline in 2026 but talks to acquire a majority share in the brand have apparently stalled.