NewzChinese sportswear manufacturer Anta Sports has announced the completion of its acquisition of a 29.06 percent stake in Puma. The transaction was finalized for 1,505.5 million euros, which equates to approximately 1.686 million dollars, paid entirely in cash.
The announcement was made from Beijing on Wednesday. With the completion of this multi-billion-dollar cash transaction, Anta Sports has officially secured its substantial minority stake in the major sporting goods brand.
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