Amer Sports to Weigh Raising Up to $1.8 Billion in US IPO, Sources Say
- Arc’teryx brand owner may release terms soon as in coming days
- IPO would be US’s biggest since Arm Holdings in September
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Amer Sports Inc., the maker of Wilson tennis rackets and Salomon ski boots, is seeking to raise as much as $1.8 billion in a US initial public offering, according to people familiar with the matter.
The company could market about 100 million shares in a range of $16 to $18 each, the people said, asking not to be identified as the information is private. Terms of the potential offering may be announced as soon as in the coming days, the people said.