常見問題
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1. How much is the offer price?
The price offered for each share will be EUR 40.00 in cash, representing a premium of 43% compared to the 3-month volume-weighted average price of Amer Sports shares prior to and up to September 10, 2018, the last trading day prior to Amer Sports confirming the receipt of a non-binding preliminary indication of interest from ANTA Sports and FountainVest Partners.
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2. Why should I accept the tender offer?
The Consortium's view is that the Offer Price reflects an attractive premium over Amer Sports’ current and historical share prices. The Board of Directors of Amer Sports has decided to unanimously recommend Amer Sports shareholders to accept the tender offer.
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3. When and how do I act to accept the recommended public tender offer?
The offer period commenced on December 20, 2018 and the last day for acceptance is March 7, 2019.
Most book-entry account operators or asset managers should send to their customers instructions for accepting the tender offer and an acceptance form. Please follow these instructions and remember to submit your acceptance within the deadline provided by your book-entry account operator or asset manager.
In case you have not received instructions and acceptance form from your brokerage, the acceptance may be submitted to any branch office of Nordea Bank.
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4. Why was the offer period extended from February 28, 2019 to March 7, 2019?
The offer period is slightly extended to expire on 7 March 2019 to align with the antitrust approval progress. The authorities in China, Russia, Canada, US, EU, Australia and Turkey have cleared the antitrust filings for the transaction respectively, with the antitrust approval in Mexico pending.
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5. Was the Mexican antitrust approval delayed?
The Mexican antitrust approval was not delayed, but it falls in the later part of the potential clearance period. For clarity and providing sufficient notice to shareholders and stakeholders, the Investor Consortium decided to slightly extend the offer period.
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6. When will I receive payment for my shares?
If the tender offer is successfully passed, the cash payment for your shares will be paid on or about 29 March to each shareholder of Amer Sports who has validly accepted the tender offer (unless the offer period is extended).
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7. For more information, please view:
- - Tender Offer Document [link to the document]
- - Marketing Brochure [link to the document]
- - Amer Sports’ website amersports.com
- - Nordea’s website Nordea.fi/equities
- - Amer shareholders hotlines:
Finland: 09 42456855 (local) or 0800 773866 (toll free)
EEA: 00800 84483372 (toll free) or +44 (0)20 7760 7578
USA: 1 866 562 7815 (toll free) or +1 646 712 9771
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8. What will ANTA Sports get after the transaction?
After the transaction, the Investor Consortium will have 100% ownership of Amer Sports. With the aim to unleash its full long-term growth potential, the Investor Consortium intends to invest significant time, resources and effort in helping Amer Sports to accelerate several important ongoing and new strategic initiatives under private ownership, including expanding Amer Sports’ businesses in the Chinese market.
The transaction is expected improve ANTA's overall profitability, starting 2019.
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9. What makes Amer Sports attractive and a good fit for ANTA Sports?
Amer Sports is a leading sporting goods company with a strong portfolio of internationally-recognized brands. The Investor Consortium is excited to bring these premium international brands and products to Chinese consumers, who increasingly seek high-end products with outstanding qualities and heritage in various niche and specialized sports segments. Therefore, the Investor Consortium believes it is a good fit and has great potential.
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10. More about Amer Sports…
Amer Sports is a sporting goods company with internationally recognized brands including Salomon, Arc’teryx, Peak Performance, Atomic, Mavic, Suunto, Wilson and Precor. The company’s technically advanced sports equipment, footwear, and apparel improve performance and increase the enjoyment of sports and outdoor activities.
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11. When and how do I act to accept the recommended public tender offer?
ANTA Sports has held a General Meeting for shareholders to vote on the recommended public tender offer on February 22, 2019 and passed the resolutions required in connection with the tender offer.
The SEHK announcement on the voting results dated February 22, 2019 is published on our dedicated webpage for the transaction.
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12. When will the recommended public tender offer be approved?
The recommended public tender offer is subject to certain shareholder and regulatory approvals. We will keep the investing public informed on a timely manner through SEHK announcements and press releases that will be hosted under our dedicated webpage for the transaction.