Roschier advises investor consortium led by ANTA Sports Products Limited in the EUR 4.6 billion public offer for Amer Sports
On 7 December 2018, the investor consortium consisting of ANTA Sports, FountainVest Partners, Anamered Investments and Tencent announced a voluntary recommended public cash tender offer to be made by Mascot Bidco Oy for all the shares in Amer Sports Corporation, a sporting goods company with internationally-recognized brands including Salomon, Arc’teryx, Peak Performance, Atomic, Mavic, Suunto, Wilson and Precor. The offer price in the tender offer is EUR 40.00 in cash per Amer Sports share, valuing the entire issued and outstanding share capital of Amer Sports at EUR 4.6 billion. The valuation makes this the largest cash tender offer ever announced in Finland.
The offer period is expected to commence on or about 20 December 2018 and to run for approximately 10 weeks. The offeror may extend the offer period from time to time in accordance with the terms and conditions of the tender offer which is currently expected to be completed during the second quarter of 2019.
Roschier’s advisory team mainly comprised Antti Ihamuotila, Jouni Salmi, Seppo Kymäläinen, Valentin Golovanov, Jonne Järvi, Ulrika Nirkkonen, Vuokko Rajamäki, Terhi Salmi, Jaakko Laitinen, Anni Alitalo, Mika Ohtonen (Tax), Ami Paanajärvi (Competition) and Markku Tuominen (IP).