Chinese sportswear giant Anta Sports Products (2020) denied it was involved in the potential acquisition of luxury outerwear maker Canada Goose.
Anta is “not a party to the potential acquisition,” the company said in a filing after the market closed on Thursday.
CNBC reported earlier that private equity firm Bain Capital, the controlling shareholder of Canada Goose, has received bids to take the US-listed company private at a US$1.4 billion (HK$10.9 billion) valuation.
PE firms Advent International and Boyu Capital have made verbal acquisition offers, and other potential buyers include Anta and Bosideng International (3998), the report said.
Anta said it is not aware of any information that must be announced to avoid a false market in the company’s securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance.
The statement was made at the request of the stock exchange, according to the filing.
Anta’s shares slumped nearly 6 percent to HK$95.60 on Thursday.
STAFF REPORTER
