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PUMA share price jumps 14%

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Let's see if that works out... I'm still well in the red with the paper.


That sounds really exciting: Puma shares will once again become the focus of market interest on Thursday - this time due to fresh takeover speculation, which could get the recently hard-hit share price moving again. As early as mid-September, a report by Manager Magazin had already given rise to speculation.

At the time, it was reported that several hedge funds were considering a takeover of the Franconian sporting goods manufacturer.


At the time, the news caused a short-term jump in the share price, but the euphoria did not last long. The share price soon turned downwards again and even slipped to its lowest level since 2015 last week.

Now, however, there seems to be new momentum in the discussion. The news agency Bloomberg reports, citing informed sources, that there is serious interest in Puma from China. In particular, the sporting goods giant Anta Sports, which has expanded rapidly in recent years and gone on an international shopping spree, is said to be examining a possible takeover. Bloomberg also mentions two other names that are making the industry sit up and take notice: Li Ning - one of the leading Chinese sporting goods groups - and Japan's Asics, which has been a force to be reckoned with for decades, particularly in running. $PUM (+0,97%)

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