Anta plans $5.5b bid for Finnish sportswear maker

Bucking a trend of declining Chinese outbound M&A, the bid for the maker of Wilson rackets could be the country’s biggest-ever takeover of an overseas sports firm.
September 12, 2018

Hong Kong-listed Anta Sports has entered into a non-binding agreement to fully acquire the maker of Wilson rackets and Salomon sportsgear for €4.7 billion ($5.5 billion), underscoring the nation’s growing influence in the global sports market.

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