ANTA Sports has agreed to acquire a 29.06 percent stake in PUMA, positioning the Chinese sportswear group as the German brand’s largest shareholder. The transaction, valued at approximately €1.5 billion (about $1.79 billion USD), will see ANTA purchase the shares from Artemis, the investment vehicle of the Pinault family. The deal is expected to close … Continue reading ANTA Sports Buys $1.8 Billion Stake In PUMA To Become Its Largest Shareholder