Puma stock jumps as Anta snaps up 29% stake at €35 — what investors watch next
Puma shares rose 6% in Frankfurt after Anta agreed to buy a 29.06% stake for €35 per share, a 62% premium over Monday’s close. The €1.5 billion deal, just below Germany’s takeover threshold, awaits regulatory and shareholder approval. Artemis, the seller, said proceeds will cut debt. Investors await Puma’s FY2025 results on Feb. 26.