Anta Sports Weighs IPO of Wilson Racket Maker Amer [BNN Bloomberg (Canada)]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: BNN Bloomberg
Anta and its co-investors in the Wilson tennis racket maker are holding preliminary talks with investment banks for an IPO that could raise about $1 billion or more, the people said. The group, which includes private equity firm FountainVest Partners, is considering a listing that could take place as early as next year, the people said. The final size and venue haven't been decided, the people said, asking not to be identified because the matter is private. Along with Wilson, Amer Sports's brand portfolio features Arc'teryx outdoor gear, Atomic winter equipment, Salomon ski boots and Louisville Slugger baseball bats. Its first-half revenue hit a record high, reaching almost 10 billion yuan ($1.4 billion), or a 21% increase from a year earlier, according to Anta's interim report. The business has expanded in China despite the impact of the country's Covid Zero strategy on consumer spending. Considerations are at an early stage and Anta and its partners could decide against a lis
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LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/26/24 - Form SC
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- LULU's page on the SEC website