Overview
- Bloomberg reported that Anta is evaluating a potential takeover of Puma that could involve a private‑equity partner.
- Puma’s stock rallied as much as about 19% intraday following the report, reversing a portion of its steep year‑to‑date decline.
- Li Ning and Asics were also cited as potential suitors, though Li Ning said it has not engaged in any substantive discussions.
- No formal offers have been confirmed, and talks are described as early stage with no assurance they will result in a bid.
- Artemis, the Pinault family holding, controls roughly a third of Puma, and its valuation expectations are seen as a possible hurdle.