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Anta Sports to Buy 29% Stake in Puma

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Overview
 · 21h · on MSN
Puma shares surge after Anta Sports buys stake for $1.8 billion amid turnaround efforts
Shares of Puma surged Tuesday after China's Anta Sports said it would acquire a 29% stake from the French billionaire Pinault family, as the German sportswear company works to turn itself around amid ...

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 · 17h · on MSN
Puma brings in Chinese sportswear maker as top shareholder
 · 21h · on MSN
Pinaults sell Puma stake to China’s Anta for $1.8 billion
 · 17h
China's Anta buys $1.8 billion Puma stake from Pinault family, rules out takeover
China's biggest sportswear brand Anta Sports Products (2020.HK) has struck a deal to buy a 29.06% stake ​in Puma (PUMG.DE) from the Pinault family for 1.5 billion euros ($1.8 billion), making it the b...

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 · 17h
Puma Shares Surge as China’s Anta Sports Agrees to Buy $1.8 Billion Stake
 · 21h
China’s Anta Sports agrees to buy €1.5bn stake in Puma from Pinault family
22m

Puma's long slide: the rise and fall of a German sports icon

Germany's Puma and fierce rival Adidas have their roots in the very same house where brothers Rudolf and Adolf Dassler
Devdiscourse
26m

Sneaker Turf Wars: Puma's Fight for Survival Amid Rising Competition

Puma, initially founded by Rudolf Dassler and separated from Adidas, faces new challenges and opportunities as it becomes part of Chinese sportswear giant Anta. The $1.8 billion investment aims to rejuvenate Puma's struggling market presence,
Yahoo
3y

Adidas appoints boss of rival Puma as CEO after Ye fallout

BERLIN (AP) — Adidas has appointed Bjørn Gulden, the CEO of rival Puma, as its new chief executive, and he will take over the German sportswear brand in January as the company weathers the fallout from its split with the rapper formerly known as Kanye West.
CNN
3y

Adidas scoops up CEO who turned around rival Puma

Adidas has appointed the head of Puma to succeed outgoing CEO Kasper Rorsted, betting on his ability to replicate its crosstown rival’s comeback. Norwegian Bjørn Gulden, 57, will become CEO of Adidas (ADDDF) on January 1, 2023, the German sportswear ...
Forbes
3y

Puma Lost It’s CEO To Rival Adidas, Or Did Adidas Just Steal Him Back?

Adidas has hired former Puma CEO Bjørn Gulden as its new chief executive officer. Adidas shares spiked more than 20% after rumors and eventual confirmation of the hiring. Gulden faces challenges including an expensive split with Kanye West and the fallout ...
Yahoo
4mon

Adidas and Puma Could Potentially Merge Soon

A potential merger between Adidas and Puma could be on the way. Via Getty Images/Joe Prior/Visionhaus A potential reunion between Rudolf and Adolf "Adi" Dassler, through their respective Puma and Adidas brands, could be happening soon. Bloomberg first ...
E! Online
4d

We Found Your Favorite Ballets Sneakers on Sale: Puma, Adidas, Naturalizer & More

The trend that’s been everywhere —NYC streets, Instagram feeds, and your coworker’s shoe rack—isn’t slowing down, and we did the hard work to find the best deals for you. Think Puma, Adidas, and Naturalizer rocking sleek uppers, rubberized soles, and the cutest Mary Jane or wraparound details.
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