Bernstein says Anta Puma stake close could aid turnaround
Bernstein says Anta Sports closed its acquisition of a 29.06% Puma stake earlier than expected, framing it as positive for Puma’s turnaround strategy.
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12:43:00 PM UTC
SquawkNews
HERZOGENAURACH (dpa-AFX) - PUMA (PUMG.DE, PUM.DE) said ANTA Sports Products Limited is its new largest shareholder following the successful completion of the acquisition of the 29.06% stake previously held by Artémis SAS. The ANTA Group completed its acquisition of a 29.06% stake in PUMA SE from Ar…