Close Menu
Emirat Echo: The stories echoing across the UAE.Emirat Echo: The stories echoing across the UAE.
    What's Hot

    Falcon Executive Aviation Launches Certified Helicopter Operations at Dubai World Central

    October 7, 2026

    Jaguar Type 01 electric GT targets 400-mile EPA range

    October 7, 2026

    ANTA Sports Completes Acquisition of 29.06% Stake in PUMA, Becomes Largest Shareholder

    October 7, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Falcon Executive Aviation Launches Certified Helicopter Operations at Dubai World Central
    • Jaguar Type 01 electric GT targets 400-mile EPA range
    • ANTA Sports Completes Acquisition of 29.06% Stake in PUMA, Becomes Largest Shareholder
    • Pakistan’s Public Sector Debt Surpasses $36.5 Billion, Highlighting Growing Fiscal Risks
    • India’s Water Governance Reforms Emphasize Local Management and Service Sustainability
    • Richard Chambers Releases New Edition of Trusted Advisors: Key Attributes of Outstanding Internal Auditors, Defining the “Human Edge” in the Age of AI
    • A Cool Family Escape in Puncak: Discover Enchanting Valley
    • Capital Group secures FSRA licence in Abu Dhabi as it expands in the Middle East
    Emirat Echo: The stories echoing across the UAE.Emirat Echo: The stories echoing across the UAE.
    • Automotive

      Jaguar Type 01 electric GT targets 400-mile EPA range

      October 7, 2026

      Porsche to cut 5000 more jobs under restructuring plan

      July 28, 2026

      Japan new car sales rise 1.8% in first half of 2026

      July 2, 2026

      FIA expands road safety program in Middle East and Africa

      May 1, 2026

      Mercedes-Benz unveils electric C-Class in Seoul

      April 21, 2026
    • Business

      Pakistan’s Public Sector Debt Surpasses $36.5 Billion, Highlighting Growing Fiscal Risks

      October 7, 2026

      UAE’s Outbound FDI Surpasses $402.7 Billion by 2025, Reflecting Rapid Growth

      October 6, 2026

      Petrol Prices Surge While Diesel Rates Drop Amid Daily Fuel Price Adjustments

      October 6, 2026

      Switzerland and India Expand Collaboration with New Agreements and Initiatives

      October 6, 2026

      Brent Crude Stabilizes After Surpassing $103 Amid Supply and Security Concerns

      October 5, 2026
    • Entertainment

      Ben Affleck AI remarks ignite Hollywood creative backlash

      January 27, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      International cinema spotlighted at MIFF 2025

      April 18, 2025

      Dubai Studio City joins Broadcast India Show as Platinum Partner

      October 10, 2024

      Legal action against ‘Ketamine Queen,’ doctors in Perry overdose

      August 17, 2024
    • Health

      Impact of Psyllium Fiber on Blood Glucose Regulation in Adults Revealed by New Research

      October 6, 2026

      Ebola Cases in DRC Surpass 8,300 with Over 4,000 Fatalities Reported

      October 5, 2026

      Lower Colorectal Cancer Rates Linked to Appendectomy in Acute Appendicitis Cases

      October 5, 2026

      DR Congo Reports 8,067 Ebola Cases and 3,901 Deaths as Outbreak Expands

      September 30, 2026

      EGFR T790M Germline Mutation Significantly Elevates Lung Cancer Risk in Non-Smokers by 60 Times

      September 19, 2026
    • Lifestyle

      U.S. Polo Assn.’s fall-winter 2024 line inspired by Salt Lake City

      September 20, 2024

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • News

      India’s Water Governance Reforms Emphasize Local Management and Service Sustainability

      October 7, 2026

      UAE and US Strengthen Defense Ties During High-Level Diplomatic Engagements

      October 3, 2026

      PM Narendra Modi Praises Pilot Smit Machchhar’s Quick Decision During Emergency

      October 3, 2026

      India boosts maritime operations with increased deployment in global waters

      October 1, 2026

      Security Measures and Family Detentions Highlight Tensions Ahead of Imran Khan Protest

      September 30, 2026
    • Luxury

      50 million consumers exit luxury market due to price hikes, stagnation

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • More
      • Sports
      • Technology
      • Travel
    Emirat Echo: The stories echoing across the UAE.Emirat Echo: The stories echoing across the UAE.
    Home » ANTA Sports Completes Acquisition of 29.06% Stake in PUMA, Becomes Largest Shareholder
    PR Newswire

    ANTA Sports Completes Acquisition of 29.06% Stake in PUMA, Becomes Largest Shareholder

    October 7, 2026
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit VKontakte Telegram WhatsApp
    • Becomes PUMA’s largest shareholder, further strengthening ANTA Sports’ globalization strategy
    • Will support unlocking PUMA’s potential across global markets including China, leveraging complementary strengths and multi-brand management experience
    • Fully respects PUMA’s deep sports heritage, distinctive brand identity and corporate culture, as well as its independent governance and brand autonomy

    HONG KONG, Oct. 7, 2026 /PRNewswire/ — ANTA Sports Products Limited, the world’s leading multi-brand sportswear group (“ANTA Sports”, stock codes: 2020 (HKD counter) and 82020 (RMB counter), and its subsidiaries collectively the “ANTA Group” or the “Group”), today announced the completion of its acquisition of a 29.06% stake in PUMA SE from Artémis SAS, the investment company of the Pinault family, for EUR 1,505.5 million in cash. Following the receipt of all relevant regulatory approvals and the fulfillment of customary closing conditions, ANTA Sports is now the largest shareholder of PUMA.

    For ANTA Sports, this investment marks a major milestone in executing its “single-focus, multi-brand, globalization” strategy and strengthening the Group’s international profile, reach and competitiveness in the global sporting goods market. ANTA Sports will bring expertise to PUMA that the Group has built across multiple brands over the years, including management, retail, and global resource integration capabilities.

    Ding Shizhong, Board Chairman of ANTA Sports, commented: “We are delighted to become PUMA’s largest shareholder and a long-term strategic partner. The global sporting goods market continues to offer significant growth opportunities as more people embrace active lifestyles and increase their participation in sports. ANTA Sports has built its success on a multi-brand strategy. We believe the value of a multi-brand group lies in helping each brand realize its full potential by leveraging the capabilities and resources of the broader group. PUMA has a rich heritage and strong underlying brand value. We have confidence in its management team and support the strategic transformation currently underway. As a long-term shareholder, we look forward to sharing our experience and capabilities, particularly in retail and operations, while respecting PUMA’s independence and brand identity. Our ambition is to support PUMA in realizing its full potential and creating lasting value for consumers around the world.”

    “PUMA has built one of the most recognized sports brands in the world, with a rich heritage, a deep sports credibility, a global footprint, leading innovations and strong partners. We welcome ANTA Sports as PUMA’s largest shareholder and view its long-term commitment as a strong vote of confidence in our strategy, our management team and our future,” said Arthur Hoeld, CEO of PUMA SE. “We look forward to building a fruitful relationship and exploring areas where our respective strengths can create sustainable value for PUMA and its shareholders on our journey to become a top 3 global sports brand.”

    ANTA Sports fully respects PUMA’s sport heritage, distinctive brand identity and corporate culture, as well as its independent governance and brand autonomy. As previously announced, the Group will seek adequate representation on PUMA’s Supervisory Board. The Group currently has no plans to make a takeover offer for PUMA.

    For further information, please contact:

    Media Contact
    Danielle Berg, US/international, +1 214 7092300, Danielle.Berg@fgsglobal.com
    Claudia Kosser, Germany, +49 162 2737953, Claudia.Kosser@fgsglobal.com
    Louis Hung, APAC, +852 90841801, Louis.Hung@fgsglobal.com

    Investor Contact
    ANTA Sports Products Limited
    Investor Relations Department
    Tel: (852) 2116 1660 
    Fax: (852) 2116 1590 
    E-mail: ir@anta.com.hk

    Cision View original content:https://www.prnewswire.co.uk/news-releases/anta-sports-completes-acquisition-of-29-06-stake-in-puma-becomes-largest-shareholder-302901071.html

    Share. Facebook Twitter Pinterest Email WhatsApp

    Related Posts

    Falcon Executive Aviation Launches Certified Helicopter Operations at Dubai World Central

    October 7, 2026

    Richard Chambers Releases New Edition of Trusted Advisors: Key Attributes of Outstanding Internal Auditors, Defining the “Human Edge” in the Age of AI

    October 7, 2026

    A Cool Family Escape in Puncak: Discover Enchanting Valley

    October 7, 2026

    Capital Group secures FSRA licence in Abu Dhabi as it expands in the Middle East

    October 7, 2026
    Editors Picks

    India’s Water Governance Reforms Emphasize Local Management and Service Sustainability

    October 7, 2026

    UAE and US Strengthen Defense Ties During High-Level Diplomatic Engagements

    October 3, 2026

    PM Narendra Modi Praises Pilot Smit Machchhar’s Quick Decision During Emergency

    October 3, 2026

    India boosts maritime operations with increased deployment in global waters

    October 1, 2026

    Security Measures and Family Detentions Highlight Tensions Ahead of Imran Khan Protest

    September 30, 2026

    UAE and INTERPOL Discuss Enhancing Cross-Border Law Enforcement Collaboration

    September 29, 2026

    Abu Dhabi Hosts High-Level Talks on Enhancing UAE-Turkey Strategic Collaboration

    September 29, 2026
    © 2026 Emirat Echo | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.