Anta, Who Is Lending Money Everywhere, Will Also Spend 1 Billion On Its Staff.

Earlier,

The leading Chinese consortium proposed to acquire Amer Sports Corporation, a sporting goods company in Finland, and has made new progress in its acquisition.

Recently, Bloomberg news sources said that Chinese investors are negotiating with the bank about paction financing, and launched a due diligence investigation of amamin sports to see if they have the terms of acquisition.

At the same time, Chinese investors held meetings in Europe in recent weeks with the shareholders of amamin sports to communicate the intention of the paction in order to promote the acquisition negotiations.

According to people familiar with the matter, the two sides have yet to make a final decision, and negotiations may still be broken.

In addition, the acquisition requires approval from shareholders and regulators of Amer Sports 90%.

In the evening of October 11th,

A notice was issued to explain the acquisition of amamfin sports. The board of directors of the listed company confirmed that it had discussed with amamin sports, Fang Yuan capital and their respective advisers, and explored whether there was a basis for carrying out the formal process.

The Chinese consortium was interested in acquiring all its shares in cash at a price of 40 euros per share, which involved about 4 billion 660 million euros, and Anta's share of investment in the consortium was not disclosed.

Negotiations between the two sides are only at the initial stage. If the progress is successful, the takeover will be completed by the end of 2018.

Up to June 30, 2018,

Cash and bank balances were 6 billion 932 million yuan, about 18.68% of the total paction price.

As mentioned above, the acquisition is all carried out in cash, that is to say, Anta sports cash can only pay less than 20% of the paction consideration.

Perhaps it is the lack of financial strength that Anta sports needs joint private equity fund joint venture buyout.

In addition, Anta sports also needs to expand the scale of borrowing.

As of 2018, the total assets of Anta sports were 20 billion 641 million yuan, the total liabilities were 5 billion 506 million yuan, and the asset liability ratio was only 26.68%.

This shows that Anta sports financial situation is good, with larger debt room.

In October 19th,

The announcement said that the board's share award scheme has been adopted.

The board of directors intends to invest no more than HK $1 billion in 5 years as an employee's share award plan. After the end of 5 years, the board will consider the amount of the scheme again and employees will have the right to participate.

The announcement shows that the specific goal of the award scheme is to provide incentives to certain employees to confirm their contribution to the group and retain them so as to further promote the continuous operation and development of the group. At the same time, the joint award scheme can also attract appropriate personnel for Anta's future development.

In order to retain talent, Anta is not the first to take action.

At the beginning of this year, Anta built a staff canteen to retain talents under the "capital", and set up a breakfast service in the dining hall.

From 8 a.m., employees can have breakfast in the dining hall.

In addition, since last year, the Anta dining hall has also set up a characteristic theme dining area, and has tried to introduce personalized light food products.

According to relevant data, Anta has invested nearly 30 million of restaurants, farms and meals in one year.

In the textile and garment sector, there are many listed companies such as song Li Si, search special, Vigna S, Taiping bird, and an Zheng fashion, to implement the employee stock ownership plan as a policy of employee equity incentive.

Equity incentive is a double-edged sword. It can become an efficient incentive mechanism and has a far-reaching impact on the company's business. Conversely, if the loss is caused to employees, it is not only the loss of the company's development strategy, but also the fundamental significance of motivation.

We will continue to focus on whether Anta's incentive mechanism will be effective in the future.