A Puma SE logo is displayed in the window of a flagship store in Berlin, Germany, Wednesday, March 1, 2023. Puma predicted slower profit growth as new Chief Executive Officer Arne Freundt grapples with excess inventory and higher costs for sneakers and apparel marketing. Photographer: Christian Boxey/Bloomberg via Getty Images
Bloomberg | Bloomberg | Getty Images
puma Shares jumped more than 13% on Thursday following reports that China’s Anta Sports was among the companies looking to buy the German athletic brand.
Puma could also attract interest from Chinese apparel firm Li Ning and Japan’s Asics Corp, Bloomberg reported, citing unnamed sources.
Puma declined to comment and Anta Sports has not yet responded to a request for comment from CNBC.
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