Anta Stake Acquisition Might Lead To Negative Impact On Business In Greater China In Short Term, Puma CEO Says

Reuters
Feb 26
Feb 26 (Reuters) - PUMA::
*PUMA CEO: WITH NEW STRATEGIC INVESTOR ANTA JOINING US, THIS WILL BE AN EXCITING YEAR WITH A LOT OF TRANSITION-MEDIA CALL
*PUMA CEO: ANTA STAKE ACQUISITION MIGHT LEAD TO NEGATIVE IMPACT ON BUSINESS IN GREATER CHINA IN SHORT TERM-MEDIA CALL
*PUMA CEO: VERY OPTIMISTIC ON PARTNERSHIP WITH ANTA, BELIEVE IT WILL BRING BENEFITS IN MEDIUM AND LONG TERM-MEDIA CALL
*PUMA CFO: GIVEN ELEVATED DEBT LEVELS, DELEVERAGING IS A CLEAR PRIORITY AND WE AIM TO REDUCE NET DEBT OVER COMING YEARS-MEDIA CALL
*PUMA CEO: IMPLICATIONS OF SUPREME COURT RULING ON TARIFFS ARE NOT YET FULLY FORESEEABLE, STILL A DEGREE OF UNCERTAINTY-MEDIA CALL
*Further company coverage: 2020.HK
* (Gdansk Newsroom)
* ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 26-FEB-202609:52:15.917 GMT

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