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Anta Sports Plans $488M Sale To Fund Acquisitions Of Int'l Sportswear Brands

Published in SportsBusiness Daily Global on 03 / 23 / 17

Anta Sports Products said on Wednesday that it plans to raise HK$3.79B ($488M) "in a share sale to fund tie-ups and acquisitions" of int'l sportswear brands, according to Donny Kwok of REUTERS. The Chinese "home-grown sports brand" said that "it would sell 175 million new shares to major shareholder...

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Tags: Asia, Finance

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