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United Kingdom

ANTA Sports Products Ltd (2020.HK)

2020.HK on Hong Kong Stock

42.05HKD
20 Feb 2019
Change (% chg)

HK$0.25 (+0.60%)
Prev Close
HK$41.80
Open
HK$41.00
Day's High
HK$42.35
Day's Low
HK$40.80
Volume
6,624,889
Avg. Vol
5,447,878
52-wk High
HK$49.30
52-wk Low
HK$29.05

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Fri, Jan 11 2019

Anta Sports kicks off China M&A

* Loans: International banks dominant in 2019’s first Chinese acquisition loan

Breakingviews - Anta deal would be a marathon not a sprint

HONG KONG (Reuters Breakingviews) - Making a success of buying Finland’s Amer Sports would be a marathon not a sprint for Anta Sports Products. The Chinese suitor’s stock has suffered since it approached the owner of winter gear brands Salomon and Arc’teryx in September with a $5.3 billion cash offer. Shareholders may be worried about the high price and the prospect of initially lower margins and dividends, but the company’s experience with Fila suggests the deal could pay off.

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