Puma shares soar amid reports of possible takeover of China's Anta Sports

17:05 - 27.11.2025


November 27, Fineko/abc.az. Shares of German sports brand Puma rose more than by 14% on Thursday morning amid reports that China's Anta Sports is considering a takeover.

ABC.AZ informs that a few hours before the opening of trading in Frankfurt, Bloomberg News reported that Hong Kong-listed Anta is working with a consultant to evaluate a potential bid to buy Puma. If the company decides to promote the offer, it may merge with a private investment fund.

Bloomberg also notes that other potential contenders may include Chinese sportswear group Li Ning, which is discussing financing options with banks, as well such Japanese companies as Asics.