Arc’teryx Maker Guides IPO Share Pricing Below Range at $13 Each
- Sponsors also weighing buying 21 million additional shares
- Sportswear maker had marketed shares at $16 to $18 each
Amer Sports Inc., the company behind sporting goods brands Wilson, Salomon and Arc'teryx, has filed for a US initial public offering.
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Amer Sports Inc. is telling prospective investors that it is considering pricing shares in its US initial public offering below a marketed range, according to people familiar with the matter.
The maker of Wilson tennis rackets and Salomon ski boots is weighing pricing the shares at $13 each, the people said, asking not to be identified because the information isn’t public. The IPO sponsors are also considering buying as many as 21 million additional shares at that price, the people said.