Anta weighs Puma takeover

Anta Sports is exploring a potential takeover of Puma and has been working with an adviser to assess a bid, according to people familiar with the matter. Li-Ning and Asics may also consider offers. Talks remain preliminary, and valuation expectations from Puma’s largest shareholder Artemis could pose a hurdle. Puma’s share price slump has cut its market value to about EUR 2.5 billion.