Puma stock jumps as Anta snaps up 29% stake at €35 — what investors watch next
Frankfurt, Jan 27, 2026, 11:16 CET — Regular session Shares of Puma SE (PUMG.DE) rose Tuesday after China’s Anta Sports Products (2020.HK) agreed to buy a 29.06% stake from the Pinault family’s investment vehicle at a hefty premium. By 10:15 a.m. CET, the stock was up 6%, having surged as much as 17% earlier in the session. (Reuters) The deal arrives as Puma works to regain investor trust following a rough patch, adding a major strategic shareholder without sparking an instant takeover bid. Anta’s stake stays just below Germany’s 30% limit that would compel a full offer, dampening short-term M&A