A Chinese investor group led by Anta Sports Products reached a $5.2 billion deal to acquire the maker of Wilson tennis rackets and Louisville Slugger baseball bats, as it seeks to bring high-end athletic equipment to China’s wealthy consumers.
The consortium, which includes Chinese buyout firm FountainVest Partners, will offer shareholders of Finland’s Amer Sports Oyj €40 a share in cash, or about €4.6 billion. The deal is the largest struck by a Chinese acquirer for a European asset since China Investment Corporation agreed to buy Logicor Europe for almost $14 billion in June 2017, according to data compiled by Bloomberg.
Wilson Racket are chinese product now.
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