Corporate and M&A

Anta’s family shareholders transfer shares to a foundation

2021-12-28T19:04:00

The Ding family, which controls the Anta Sports group, had transferred 84.5 million shares in the company, representing about 3.16 percent of the equity, to a new charity, the Hemin Foundation. Based on the group’s recent stock price, the endowment is worth around $1.2 billion. The foundation intends to “collaborate ...

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