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Further Acquisition, Anta Ding Shizhong Announced That He Was Chairman Of The Sports Board Of Amamin.

2019/4/12 22:31:00 7595

Ding Shizhong

On the evening of April 11th, Ding Shizhong, chairman of the board of directors of Anta group, announced today that he was the chairman of the board of directors of amamin sports through WeChat's circle of friends.

At the same time, the new board of directors of the AMF sports group was established.

According to the latest announcement, the takeover offer of Amer Sports, a sports brand management company launched by Anta consortium led by Anta consortium, accounts for about 98.11% of all Amer Sports shares and voting rights (excluding Amer Sports and any shares held by its Affiliated Companies).

This proportion has increased further than 94.98% in March 13th.

Only six months later, the acquisition involving 4 billion 600 million euros and the largest overseas merger of Chinese capital in 2018 has come to an end.

Ding Shizhong, who is chairman of the sports board of amamin, marks the acquisition and continues to move forward.

While announcing the appointment, Ding Shizhong wrote in his circle of friends: "one more job, one more responsibility, and one never stops!"

From the point of view, except for Anta, other members of the acquisition group were present, including lululemon founder Chip Wilson and Fang Yuan capital President Tang Kui.

At the same time, amamin sports CEO and many executives at the scene, Anta also sent a number of executives and many brands of helmsman attended.

Because of the intention to acquire all the shares of Amer Sports, Anta consortium will buy the remaining Amer Sports shares outside the NASDAQ Helsinki stock exchange or the offer offer, so that the shares of Amer Sports will be revoked from the above exchanges.

Recently, Lai Shixian, chief financial officer, was asked about the progress of the acquisition after attending the shareholders' meeting in Hongkong. He said, "all are relatively smooth", but there are still some procedures to be carried out. He said "confidence (acquisition) brings profits to the company".

This remarkable cross-border acquisition is still under way of privatization, but the acquisition is coming to an end. Maybe Anta group and amamin group will enter the era of globalization.

Source: lazy bear sports writer: Liu Nanqi

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