ANTA Sports Products Ltd (2020.HK)
22 Jan 2019
* Loans: International banks dominant in 2019’s first Chinese acquisition loan
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.
MILAN/LONDON A recovery in European shares stalled on Tuesday as a trade dispute between Washington and Beijing weighed on the market and investors seized on China's demand for sanctions from the World Trade Organisation as a reason to take the market lower.
HONG KONG, Aug 14 ANTA Sports Products Ltd reported a record half-year profit on Tuesday as its online and offline businesses expanded further on strong growth momentum in China's sports sector.