Try GOLD - Free
China's Anta Sports exploring potential takeover of Puma
The Straits Times
|November 28, 2025
Chinese sports apparel company Anta Sports Products is among firms exploring a potential takeover of Puma, according to people familiar with the matter.
-
Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma, said the sources, who asked not to be identified because the information is private.
The company may team up with a private equity firm if it decides to move forward with an offer, some of the sources said.
Other potential bidders could include rival Chinese apparel firm Li Ning, the sources said.
Li Ning, named after the legendary gymnast who founded the company, has been discussing financing options with banks as it takes an early look at Puma, the sources said.
Puma may also attract interest from sportswear companies such as Japan’s Asics, they said.
This story is from the November 28, 2025 edition of The Straits Times.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Straits Times
The Straits Times
Pritam disappointed by appeal loss, but ‘respects and accepts judgment fully without reservation’
WP chief says he takes responsibility for taking too long to respond to MP’s lie
2 mins
December 05, 2025
The Straits Times
High Court upholds Pritam Singh’s conviction
For two months after he found out that then Sengkang MP Raeesah Khan had lied in Parliament, Workers’ Party chief and Leader of the Opposition Pritam Singh did not intend for her to set the record straight.
5 mins
December 05, 2025
The Straits Times
US Democrats release photos of Epstein's notorious private island
House Democrats on Dec 3 released photographs and videos of disgraced billionaire Jeffrey Epstein’s home on the private Caribbean island where his accusers have said he trafficked underage girls for sex.
1 mins
December 05, 2025
The Straits Times
Re-poll possible for Tiong Bahru blocks where HIP voting failed
MP says he will make request to HDB if residents are strongly supportive
3 mins
December 05, 2025
The Straits Times
S'pore, Malaysia deepen collaboration; continue talks on longstanding issues in 'constructive spirit'
Additional deal on RTS Link inked, nations also strengthen cooperation in drugs fight
5 mins
December 05, 2025
The Straits Times
Food handlers not required to wear masks or spit guards from Jan |
From Jan 1, food handlers will no longer need to wear masks or spit guards, the Singapore Food Agency (SFA) said.
2 mins
December 05, 2025
The Straits Times
MURPHY FLIES IN FOR CROWN PRINCE DAY IN SAUDI ARABIA
UK ace jockey and quality racing keep ramping up Riyadh season
2 mins
December 05, 2025
The Straits Times
Floods in North Sumatra turn piles of timber into battering rams
Ensuing floods wiped out four villages. Farther south, the deluge brought an unexpected danger: log after log of timber.
3 mins
December 05, 2025
The Straits Times
Anwar's former aide claims trial to Sabah bribery charges
Shamsul Iskandar Mohd Akin has claimed trial at the Sessions Court in Kuala Lumpur to four counts of graft involving cash and goods amounting to RM176,829.03 ($55,800), linked to a Sabah mining licensing scandal.
2 mins
December 05, 2025
The Straits Times
Naughty or nice? Everyone gets a gift
'Tis the season to be generous, so here are some gift suggestions for those who deserve it, and those who don't
1 mins
December 05, 2025
Listen
Translate
Change font size