Amer Sports Response to Media Speculation


11.10.18 12:30
Meldung
 
<strong>Amer Sports</strong> Response to Media Speculation

Amer Sports Corporation

STOCK EXCHANGE RELEASE

October 11, 2018 at 1:30 p.m. EEST

Amer Sports Response to Media Speculation

On September 11, 2018, in response to media speculation, Amer Sports Corporation confirmed that it had received a non-binding preliminary indication of interest (the "Indication of Interest") from a consortium comprising ANTA Sports Products Limited and the Asian private equity firm FountainVest Partners (the "Consortium") to acquire the entire share capital of Amer Sports. Amer Sports further confirmed that, pursuant to the Indication of Interest, Amer Sports shareholders would be entitled to receive a cash consideration of EUR 40.00 per share for all of their shares in Amer Sports.

In relation to recent further media speculation, at the request of Nasdaq Helsinki Ltd, Amer Sports confirms that there have been certain discussions between Amer Sports and the Consortium and their respective advisors intended to ascertain whether there is a basis to commence a more formal process to facilitate a possible recommended transaction.   

Amer Sports' shareholders are reminded that implementation of the Indication of Interest remains subject to a number of pre-conditions including, but not limited to, approval of the Board of Directors of ANTA and the Investment Committee of FountainVest, satisfactory conclusion of the Consortium's due diligence, availability of financing from identified financing sources and receipt of a recommendation from the Board of Directors of Amer Sports. Completion of a tender offer by the Consortium would in turn be subject to further conditions, including approval by shareholders holding at least 90% of the shares of Amer Sports and receipt of all necessary regulatory approvals.

Amer Sports will release further information at an appropriate time.

For further information, please contact:

Kaisa Rotkirch, General Counsel, Legal Affairs, tel. +358 20 712 2531

Amer Sports Corporation

Samppa Seppälä, Director, Corporate Communications and IR

DISTRIBUTION

Nasdaq Helsinki

Main media

www.amersports.com

AMER SPORTS

Amer Sports (www.amersports.com) is a sporting goods company with internationally recognized brands including Salomon, Arc'teryx, Peak Performance, Atomic, Mavic, Suunto, Wilson and Precor. The company's technically advanced sports equipment, footwear, and apparel improve performance and increase the enjoyment of sports and outdoor activities. The Group's business is balanced by its broad portfolio of sports and products and a presence in all major markets. Amer Sports shares are listed on the Nasdaq Helsinki stock exchange (AMEAS).






This announcement is distributed by West Corporation on behalf of West Corporation clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Amer Sports Oyj via Globenewswire




 

Breaking News


Kurs- und weitere Informationen zum Thema:

Amer Sports

Aktuelle Diskussionen zum Thema:


Aktuelle Nachrichten zum Unternehmen:

Amer Sports: Was wird sich hier . (18.10.18)
Amer Sports: Aktienanalyse vom . (06.10.18)
Ist es endlich vollbracht, Amer Sp. (30.09.18)
Amer Sports: Ein Risiko? (18.09.18)
Amer Sports: Sind Sie dafür gew. (08.09.18)

Alle Nachrichten zum Unternehmen

Aktuelle Analysen zu den Unternehmen:

Amer Sports
Weitere Meldungen
 
12.10 Incap to increase its estimat.
11.10 Eckert & Ziegler BEBIG SA.
11.10 Ad hoc: cyan AG: Durchfüh.
11.10 Ad hoc: BB Biotech AG rap.
11.10 Virbac : revenue grew by +.
11.10 Ad hoc: HWA AG soll neu.
11.10 Net Insight's Nomination Com.
11.10 Prosafe SE: Safe Zephyrus .
11.10 Ad hoc: Deutsche Industrie .
11.10 Ad hoc: DEAG Deutsche En.
11.10 Ethan Allen Comments on B.
11.10 Amer Sports Response to M.
11.10 Ad hoc: Heidelberg Pharma .
11.10 Ad hoc: LPKF erhöht Umsa.
11.10 Radisson Hospitality AB's Q.
11.10 Ad hoc: TTL Beteiligungs- u.
11.10 INGENICO GROUP: Commun.
11.10 Ad hoc: ISRA VISION AG: .
11.10 EQS-Adhoc: CEVA Logistic.
11.10 EQS-Adhoc: CEVA Logistic.
11.10 Ad hoc: Dialog Semiconduct.
11.10 EQS-Adhoc: Goldbach Group.
11.10 NEOVACS ANNOUNCES TH.
11.10 Ad hoc: BMW Group verein.
10.10 Ad hoc: GEA Group Aktien.
10.10 Novartis announces new dat.
10.10 SDRL - Makes mandatory o.
10.10 Ad hoc: Knorr-Bremse Aktie.
10.10 Ipsos announces the success.
10.10 Ad hoc: Amadeus FiRe AG.


Umfrage
 
Welche Social Networks nutzen Sie meistens?
Facebook
keine
Twitter
Xing
Linked in
Youtube
myspace
Google+
Wikipedia
andere


Stimmen: 41350 , Ergebnis


Kurssuche
Status: nicht eingeloggt

Registrieren | Passwort vergessen?
 
 
Im Bereich Nachrichten:
DAX: Jetzt schrillen sämtliche Alarmglocken!
Experte: Stefan Hofmann, STOCK-WORLD
Kolumnen
S&P500 mit Chance zum ...
Christian Zoller, www.boerse-daily.de (15:19)
Experte: Christian Zoller, www.boerse-daily.de
American Retail Group: US-...
Volker Gelfarth, (15:02)
Experte: Volker Gelfarth,
Starinvestor Rick Rule ...
Björn Junker, GOLDINVEST.de (14:57)
Experte: Björn Junker, GOLDINVEST.de
S&P 500 Index: Abverkauf ...
S. Feuerstein, Hebelzertifikate-Trader (14:50)
Experte: S. Feuerstein, Hebelzertifikate-Trader
Wirecard? Der DAX lässt ...
Feingold-Research, (14:39)
Experte: Feingold-Research,
Kering - Aufstieg in den ...
Heiko Geiger, Bank Vontobel Europe . (14:15)
Experte: Heiko Geiger, Bank Vontobel Europe AG
Ölpreis: Hohe Lagerbestände
Frank Sterzbach, www.boerse-daily.de (14:03)
Experte: Frank Sterzbach, www.boerse-daily.de
Daimler: Die nächste „Niete ...
Robert Sasse, (13:51)
Experte: Robert Sasse,
Gold: Jetzt doch der ...
Holger Steffen, (12:56)
Experte: Holger Steffen,
Börsengeflüster: #INFICON -...
WIRTSCHAFTSINFORM., (12:44)
Experte: WIRTSCHAFTSINFORMATION .,
Goldpreis dreht nach oben
Martin Siegel, STABILITAS FONDS (11:41)
Experte: Martin Siegel, STABILITAS FONDS
DAX: Jetzt schrillen ...
Stefan Hofmann, STOCK-WORLD (11:09)
Experte: Stefan Hofmann, STOCK-WORLD
Niquet's World
Neues vom Portal
 
Wie kannst du mit Stocks schnell Geld verdienen?
Letzte Börsen-Meldung
 
Letzte Börsen-Analyse
 
Top-Klicks News
 
Top-Klicks Analysen