Anta will pay 1.5 billion euros ($1.79 billion), or 35 euros per share, to take a 29.06% stake in Puma. The deal comes as Puma has struggled to revive sales after the new CEO Arthur Hoeld, a former ...

Puma, Adidas originally set up by two feuding German brothers Puma lost ground in recent years to new brand like On, Hoka Weak distribution one of main problems, analysts say Wider retail sector hit ...

Stake sale comes as Germany's Puma seeks to revive fortunes Anta says it can help Puma grow in Chinese market Sale will help Pinault family vehicle Artemis reduce debt Puma shares up 9% Anta said it ...

HONG KONG – China’s Anta Sports Products has agreed to buy a stake of about 29 per cent in Puma SE for €1.5 billion (S$2.3 billion), becoming the biggest shareholder in the German company and ...

Simply sign up to the Retail & Consumer industry myFT Digest -- delivered directly to your inbox. Chinese group Anta Sports has agreed to buy a 29 per cent stake in sportswear brand Puma from France’s ...

Mike has served as Mets beat reporter for the New York Post since 2010. He began covering baseball in 1998 and has reported on over 2,500 games, with the Mets and Yankees as his focus. He was part of ...

Other car makers have had footholds in the small EV arena for some time and the Puma’s rivals now include the Jeep Avenger, the Skoda Elroq, the Smart #1, the sizeable MG S5 EV and the more premium ...

Just hours after Anta Sports confirmed a deal to acquire a 29.06 percent stake in Puma SE for $1.8 billion — a move that will make it the brand’s largest shareholder — market watchers began to ...

The news comes as Puma faces a tough road ahead to turn around its business. In October, Puma logged a third-quarter sales drop of 10.4 percent as its new chief executive officer Arthur Hoeld also ...

German sneaker maker Puma PUM 1.47% plans to bring in a Chinese sportswear maker as its top shareholder in a $1.8 billion deal. The agreement gives China-based Anta Sports Products 2020 -0.18% — a top ...

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