Chinese group buys Finnish sports firm for 4.6 bn euros
0
13
Paris (AFP) March 9, 2019
A consortium led by Chinese companies, including internet giant Tencent, has bought Finnish firm Amer Sports for 4.6 billion euros ($5.15 billion), acquiring leading ski brands Salomon and Atomic as Beijing looks forward to hosting the Winter Olympics in 2022. Amer Sports said in a statement that the offer, announced in September and launched in December, had been successful with some 94 per
A consortium led by Chinese companies, including internet giant Tencent, has bought Finnish firm Amer Sports for 4.6 billion euros ($5.15 billion), acquiring leading ski brands Salomon and Atomic as Beijing looks forward to hosting the Winter Olympics in 2022. Amer Sports said in a statement that the offer, announced in September and launched in December, had been successful with some 94 per