Araverus Team|Tuesday, January 27, 2026 at 12:21 PM
Araverus Team
Jan 27, 2026 · 12:21 PM
Acquisition · ANTA Sports · Puma · Sportswear Market
ANTA Sports has reached a share purchase agreement to acquire a 29.06% stake in PUMA SE for EUR 1.5 billion, enhancing its global reach and supporting PUMA's management and brand identity.
The German footwear and apparel company will begin a €1 billion buyback program for 2026 after it reported higher preliminary revenue for the fourth quarter.
Alibaba’s logistics arm is merging its autonomous-driving unit with Chinese robovan specialist Zelos Technology.
