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ANTA Sports Products ( (HK:2020) ) has issued an announcement.
ANTA Sports Products Limited announced its acquisition of Jack Wolfskin, a leading outdoor apparel and equipment brand, from Topgolf Callaway Brands Corp. for USD290 million. This acquisition is expected to enhance ANTA’s outdoor sports segment by leveraging Jack Wolfskin’s expertise and technologies, and aligns with ANTA’s strategy to expand its global presence, particularly in Europe.
More about ANTA Sports Products
ANTA Sports Products Limited, incorporated in the Cayman Islands, operates in the sportswear industry, focusing on outdoor sports apparel, footwear, and equipment. The company follows a ‘single-focus, multi-brand, globalisation’ strategy to expand its market presence.
YTD Price Performance: -5.60%
Average Trading Volume: 1,657
Technical Sentiment Signal: Buy
Current Market Cap: $28.81B
For detailed information about 2020 stock, go to TipRanks’ Stock Analysis page.