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The emblem of Puma SE displayed within the window of the flagship retailer in Berlin, Germany, on Wednesday, March 1, 2023. Puma forecast slower revenue development as new Chief Government Officer Arne Freundt confronts extra stock and better prices for advertising sneakers and attire. Photographer: Krisztian Bocsi/Bloomberg through Getty Photos
Bloomberg | Bloomberg | Getty Photos
Puma shares jumped greater than 13% Thursday following a report that China’s Anta Sports activities is amongst a variety of corporations trying to purchase the German athletic model.
Puma may appeal to curiosity from Chinese language attire agency Li Ning and Japan’s Asics Corp, Bloomberg reported, citing unamed sources.
Puma declined to remark and Anta Sports activities has but to answer a request for remark from CNBC.
It is a breaking information story. Please refresh for updates.
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