Anta Sports (安踏体育) has made an offer to the French Pinault family to acquire its 29% stake in German sportswear brand Puma. If the transaction is completed, Anta would replace the Pinault family as Puma’s largest single shareholder.
According to publicly available information, Anta Sports has previously been listed as one of the potential bidders considering a takeover offer for Puma.
If the bid moves forward, Anta may pursue the acquisition jointly with a private equity fund, adopting a structure similar to its earlier acquisition of Amer Sports.
Other potential bidders reportedly include Li Ning, Japan’s Asics, brand management group Authentic Brands Group, and private equity firm CVC.
Sources said that Anta’s proposed acquisition of Puma is currently at a standstill.