Amer Sports, a subsidiary of the Chinese sporting goods group Anta Sports, plans to go public.
According to media reports, the Finnish sports equipment manufacturer, which owns brands such as Wilson, Salomon and Arc’teryx, has applied for an IPO in the United States. First, the New York news platform Bloomberg reported about it. The IPO could increase the group’s value to as much as $10 billion.
The IPO is planned for next year, according to Bloomberg. Amer Sports is said to be aiming for more than $1 billion.
FashionUnited has reached out to Amer Sports for comment on the IPO.