Caixin
Dec 08, 2018 04:46 AM
BUSINESS & TECH

Anta Sports Products Makes $5.2 Billion Pitch for Finland’s Amer

Anta is seeking to buy Finland’s Amer Sports OYJ for 4.6 billion euros ($5.2 billion) in an all-cash deal. Photo: VCG
Anta is seeking to buy Finland’s Amer Sports OYJ for 4.6 billion euros ($5.2 billion) in an all-cash deal. Photo: VCG

A consortium led by China’s Anta Sports Products Ltd., the country’s largest sportswear company, has made a firm offer to buy Finland’s Amer Sports OYJ for 4.6 billion euros ($5.2 billion) in an all-cash deal.

The deal will make Anta, China’s largest sportswear company, owner of a portfolio of well-known sports brands, including Wilson tennis rackets, Salomon ski boots and Arc’teryx outdoor gear.

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