The logo of Puma SE displayed in the window of the flagship store in Berlin, Germany, on Wednesday, March 1, 2023. Puma forecast slower profit growth as new Chief Executive Officer Arne Freundt confronts excess inventory and higher costs for marketing sneakers and apparel. Photographer: Krisztian Bocsi/Bloomberg via Getty Images
Bloomberg | Bloomberg | Getty Images
Puma shares jumped more than 13% Thursday following a report that China’s Anta Sports is among a number of firms looking to buy the German athletic brand.
Puma may also attract interest from Chinese apparel firm Li Ning and Japan’s Asics Corp, Bloomberg reported, citing unamed sources.
Puma declined to comment and Anta Sports has yet to respond to a request for comment from CNBC.
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