China’s Anta Sports exploring bid for Puma, Bloomberg News reports

Chinese sportswear maker Anta Sports Products (2020) is among firms exploring a potential takeover of German sportswear brand Puma, Bloomberg News reported on Thursday.

Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma, and the company may team up with a private equity firm if it decides to move forward with an offer, the Bloomberg report said, citing people familiar with the matter.

Reuters