Founder offers to take Peak Sport private

Hot on the heels of Dalian Wanda Commercial Properties, the Chinese sports manufacturer wants to delist from Hong Kong. A domestic listing is widely expected to follow.
NBA star Dwight Howard is one of Peak Sport's foreign spokespeople
NBA star Dwight Howard is one of Peak Sport's foreign spokespeople

Peak Sport Products looks set to become the second company to delist its shares from Hong Kong in less than two months after the Chinese sportswear manufacturer's founder and chairman made a HK$2.4 billion ($310 million) offer to take the company private. 

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