ANTA Acquires 29.06% Stake in PUMA for €1.5 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Globalization Strategy Advancement: ANTA has reached an agreement with Groupe Artémis to acquire a 29.06% stake in PUMA for €1.5 billion, significantly enhancing ANTA's competitiveness and brand influence in the global sporting goods market.
- Strengthened Shareholder Position: This acquisition makes ANTA the largest shareholder of PUMA, with the transaction expected to close by the end of 2026, demonstrating ANTA's commitment and confidence in its multi-brand globalization strategy.
- Brand Synergy Effects: ANTA and PUMA possess highly complementary strengths in product portfolios and market coverage, and are expected to drive mutual growth in global markets through shared resources and experiences.
- Respect for Management Culture: ANTA values PUMA's independent governance structure and plans to seek appropriate representation on PUMA's Supervisory Board, ensuring the continuity of brand identity and heritage while fostering long-term collaboration between the two parties.
Analyst Views on AS
Wall Street analysts forecast AS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AS is 46.98 USD with a low forecast of 39.80 USD and a high forecast of 58.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 37.720
Low
39.80
Averages
46.98
High
58.00
Current: 37.720
Low
39.80
Averages
46.98
High
58.00
About AS
Amer Sports Inc is a Finland-based global group of sports and outdoor brands such as Arcteryx, Salomon, Wilson, Peak Performance, Atomic, Armada, ATEC, DeMarini, EvoShield and ENVE. The Company develops, manufactures, and markets sports and fitness equipment. Its products include sports equipment for tennis, badminton, soccer, baseball, basketball, golf, American football, alpine skiing, fitness training, cycling, running, hiking, snowboarding, cross-country skiing and diving. It also offers fitness equipment through factory outlets, and e-commerce companies through trade customers in sporting goods chains, mass merchants, specialty retailers, fitness clubs, and distributors. The Company operates worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
