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Chinese Suitor Progresses in Amer Sports Deal Talks

  • Anta-led consortium speaking with banks on financing for deal
  • Investor group advances in due diligence on Finnish firm
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Amer Sports Oyj’s Chinese suitor is advancing in negotiations over a potential takeover of the Finnish company, which owns brands including Wilson tennis rackets, people familiar with the matter said.

The Chinese investor group, led by Anta Sports Products Ltd., has started speaking with banks about financing for the transaction, according to the people. It has also been progressing in its due diligence on Amer, the people said, asking not to be identified because the information is private.