Anta Sports considers Puma offer amid competition from Chinese and Japanese rivals

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Nov 28 2025

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Source: Yahoo Finance

Anta Sports' Interest in Puma: Chinese sportswear maker Anta Sports is exploring a potential bid for Puma, working with a financial adviser and considering a partnership with private equity investors.
Competition for Puma: Other companies, including Li Ning and Asics, are also evaluating opportunities to acquire Puma, which is facing declining sales and increased competition in the sportswear market.
Puma's Financial Challenges: Puma's share price has dropped significantly, leading to a market capitalization of approximately €2.5 billion, while the expectations of its main shareholder, the Pinault family, may hinder any potential deals.
Management Changes at Puma: Amidst financial struggles, Puma has seen leadership changes, including the dismissal of CEO Arne Freundt and the appointment of former Adidas executives to key positions.

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.