China's Anta Sports to become top Puma shareholder

Chinese athletic goods giant Anta Sports will purchase a leading stake in German sportswear brand Puma, a stock exchange filing showed Tuesday. Anta said that the acquired stake is expected to "further enhance its presence and brand recognition in the global sporting goods market, thereby strengthening its overall international competitiveness".

China's Anta Sports to become top Puma shareholder
Chinese athletic goods giant Anta Sports will purchase a leading stake in German sportswear brand Puma, a stock exchange filing showed Tuesday. Anta said that the acquired stake is expected to "further enhance its presence and brand recognition in the global sporting goods market, thereby strengthening its overall international competitiveness".