Wilson Tennis Racket Maker Amer Sports Plans U.S. IPO, Bloomberg Reports
--Amer Sports has filed confidentially for a U.S. initial public offering that could value the maker of Wilson tennis rackets and Salomon ski boots at as much as $10 billion, Bloomberg reports, citing people familiar with the matter.
--Amer Sports, backed by China's Anta Sports Products, is targeting an IPO of more than $1 billion and could end up seeking as much as $3 billion depending on market conditions, the sources told Bloomberg.
--The company plans to list by early next year, according to the report.
Full story: https://www.bloomberg.com/news/articles/2023-09-06/wilson-tennis-racket-maker-amer-sports-said-to-file-for-us-ipo?srnd=premium
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 06, 2023 11:17 ET (15:17 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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