Finance
Puma Shares Soar 15% as Anta Sports Builds Stake
Published by Global Banking & Finance Review®
Posted on January 27, 2026
1 min readLast updated: January 27, 2026
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Company
Published by Global Banking & Finance Review®
Posted on January 27, 2026
1 min readLast updated: January 27, 2026
Add as preferred source on GooglePuma shares rose 15% as Anta Sports acquired a 29.06% stake, becoming the largest shareholder. The deal, worth 1.5 billion euros, was made with the Pinault family.
Jan 27 (Reuters) - Shares in Puma rose 15% in early Frankfurt trading on Tuesday after China's Anta Sports Products said it would buy a 29.06% stake in the German sportswear maker.
Anta will buy the stake from the Pinault family for 1.5 billion euros ($1.8 billion), making it Puma's biggest shareholder.
"The deal is odd in that Puma was apparently not involved, even though a competitor will become its largest shareholder," analysts from Morningstar said in a note to investors.
Hong Kong-listed Anta Sports will pay 35 euros per Puma share in cash, marking a 62% premium to the German group's closing price of 21.63 euros on Monday.
($1 = 0.8421 euros)
(Reporting by Paolo Laudani in Gdansk, editing by Milla Nissi-Prussak)
Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of ownership after all liabilities have been deducted.
An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.
Financial markets are platforms where buyers and sellers engage in the trade of assets such as stocks, bonds, currencies, and derivatives.
Market reaction refers to the response of investors and traders to news or events that affect the financial markets, influencing stock prices and trading volumes.
A stakeholder is any individual or group that has an interest in the success or failure of a business, including employees, customers, investors, and suppliers.
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