China's Anta Sports snares 29% Puma stake for $1.8 billion
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Puma has long been considered a cornerstone of German sportswear history — but now, China's Anta is moving in. A €1.5 billion deal gives the Chinese sportswear brand a powerful grip on Puma. Is Europe losing another iconic label? #dwbusiness | DW News
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China's biggest sportswear brand Anta Sports said it would buy a 29.06% stake in Puma from the Pinault family for $1.8 billion, ‌making it the biggest shareholder in the German sportswear maker https://reut.rs/45zyl0y | Reuters
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