Chinese sportswear firms ANTA Sports Products (HKG:2020, HKG:82020) and Li Ning (HKG:2331, HKG:82331) are among the prospective bidders for the purchase of a stake in Puma, Bloomberg reported Tuesday.
The Pinault family, which owns a 29% stake in the German sports brand, is working with advisers on a deal that could potentially trigger a sale of the company.
The report cautioned that deliberations wre ongoing and that there was no guarantee a transaction will take place.
ANTA declined comment, while Li Ning said it had not held any substantive discussions, Hong Kong's The Standard reported.
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