Anta'S Acquisition Of Amer Sports Postponed The Parent Company Is Not Yet Something.

On the evening of February 21st, Anta announced that, according to the terms and conditions of the offer, the offeror decided to extend the offer period to March 7, 2019 in February 21st. Except for the extension or termination of the extension, the other terms and conditions of the tender offer remain unchanged.

The notice also shows that the terms and conditions of the tender offer can be extended at any time, and the completion of the tender offer must be completed, including the receipt of all necessary approvals from the relevant regulatory agencies.

The offeror has received further approval from the Australian foreign investment review board, the European Commission of the European Union and the Turkey Competition Commission of Turkey for the completion of the tender offer, except that the offeror has obtained the approval from the competent body contained in the circular.

However, the approval process of the Federal Economic Competition Commission of Mexico is under way.

To this end, the relevant person in charge of Anta replied exclusively to the Beijing Commercial Daily, "all aspects of the paction so far are in line with the terms and conditions of the offer documents.

The offer has also been formally approved by the EU, Australia and Turkey authorities and is waiting for approval by the relevant authorities of the Mexico, in addition to the previous series of anti trust approvals (China, Russia, Canada and the United States).

"The approval of the Mexico authorities has not yet exceeded our expectations, but the implementation period is likely to be later than next week. Therefore, we have decided to extend the deadline slightly to ensure that shareholders and all parties have enough notice."

In December 7, 2018, the consortium of Anta sports, Fang Yuan capital, Anamered Investments and Tencent announced that through the newly established Mascot BidcoOy company, a voluntary proposal was made to publicly disclose the cash offer of the amifen sports company AmerSports (hereinafter referred to as "amamwin sports") all issued and out of stock shares.

Amamin sports board has decided to agree that shareholders accept tender offer.

The tender offer is expected to be completed by the two quarter of 2019.

Under the banner of amaven, there are many leading brands in the subdivision sports industry, including the Canadian luxury luxury outdoor equipment brand Arc'teryx (original bird), the French outdoor mountain Salomon (Salomon), and the American tennis equipment brand Wilson (Will Xun).