Amer Sports (Suunto) – Sold – Almost

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It looks like Amer Sports is extremely close to being sold. This includes the Suunto brand, amongst other brands.

The buyer is Mascot Bidco O, a consortium comprising: ANTA Sports, FV Fund, Anamered Investments and Tencent.

An offer price for remaining shares of EUR 40.00/share looks to have been accepted by Amer Sports. This is a 39% premium to the price immediately prior to the initial indication in September 2018. ie a seemingly good deal to Amer shareholders.

The announcement is relatively complex so, if you are interested, I have provided a link further below as the source for this news.

Previous info: here (link to: the5krunner.com)

Source: amersports.com

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