Amer Sports confirms acquisition offer from Anta

Following recent media speculations, Amer Sports Corporation has confirmed receiving a non-binding preliminary indication of interest from a consortium comprising Anta Sports Products Limited and the Asian private equity firm FountainVest Partners to acquire the entire share capital of Amer Sports for cash consideration. However, the company said, at this time, Amer Sports is not engaged in any negotiations with the consortium and has made no decisions in respect of the indication of interest.