Chinese company becomes main shareholder of Puma

Chinese company Anta Sports acquired the Pheep family's stake in German sports equipment manufacturer Puma for $1.79 billion, becoming its main shareholder, according to a statement on the Hong Kong Stock Exchange.

Chinese company 'Anta Sports' has become the main shareholder of the German sports equipment company 'Puma'. This happened after it acquired the stake of the Pheep family for $1.79 billion, according to a statement released on the Hong Kong Stock Exchange on Tuesday.

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