Overview
- Anta has engaged an adviser to assess a possible offer for Puma and may seek a private‑equity partner if it proceeds.
- Other parties evaluating the situation include Li Ning and Asics, though Li Ning said it has not entered any substantive talks.
- Puma’s shares have fallen about 62% this year in Frankfurt trading, leaving the company valued near €2.5 billion.
- The Pinault family’s Artémis holding owns 29% of Puma, and sources say its valuation expectations could deter would‑be buyers.
- Anta, a Hong Kong‑listed group that owns Fila and Jack Wolfskin, previously led the 2019 consortium buyout of Amer Sports.