1月27日,一纸公告震动全球体育产业。中国体育品牌巨头安踏拟以约123亿元人民币,收购德国运动老牌彪马(PUMA)29.06%的股权,并有望成为其最大股东。溢价60%、标的资产2025年上半年净亏损约2.5亿欧元——这看似矛盾的交易背后,是安踏一次深思熟虑的战略布局。 与传统的“鲸吞式”并购不同,安踏选择了另一条道路:成为最大股东,但承诺不发起全面收购要约,尊重彪马作为德国上市公司的独立治理。...
Source Link1月27日,一纸公告震动全球体育产业。中国体育品牌巨头安踏拟以约123亿元人民币,收购德国运动老牌彪马(PUMA)29.06%的股权,并有望成为其最大股东。溢价60%、标的资产2025年上半年净亏损约2.5亿欧元——这看似矛盾的交易背后,是安踏一次深思熟虑的战略布局。 与传统的“鲸吞式”并购不同,安踏选择了另一条道路:成为最大股东,但承诺不发起全面收购要约,尊重彪马作为德国上市公司的独立治理。...
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