Chinese giants Tencent and Anta invest in Amer Sports

Publication

15 February 2019 à 10h42

Updated on 10 May 2019 à 16h18

Reading time

2 minutes

Publication: 15 February 2019 à 10h42, Updated on 10 May 2019 à 16h18

Reading time: 2 minutes

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Publication

15 February 2019 à 10h42

Updated on 10 May 2019 à 16h18

Reading time

2 minutes

Publication: 15 February 2019 à 10h42, Updated on 10 May 2019 à 16h18

Reading time: 2 minutes

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Ahead of Beijing’s Olympic Games in 2022, China’s biggest sports retailer Anta signed a €4.6 billion deal to buy the Finnish group Amer Sports. The firm specialises in winter sports equipment like Salomon and Atomic skis or Wilson rackets and operates an array of stores. This investment gathered a widely mixed consortium of partners, including the tech giant Tencent and Chip Wilson, the Canadian billionaire Founder of Lululemon Athletica (sales of US$748 million up by 21% in the quarter to Octo

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