China’s Sportswear Company Anta Seeks $5.3B Buyout Of Wilson Racket Maker Amer Sports

China’s sportswear company Anta Sports Products Limited and private equity firm FountainVest Partners are seeking for a €4.6 billion (US$5.3 billion) takeover of Finnish sports equipment maker Amer Sports Oyj.  The consortium is planning to acquire Amer’s entire share capital for cash. The deal is subject to a number of conditions including approval of investors holding at least 90% of Amer’s shares. If the deal went ahead, Amer shareholders would get €40 (US$46) per share, said Anta in a statement filed at …

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