Ge Long Hui A P P·2025-08-26 03:45Core Viewpoint - The Pino family is exploring strategic options for the German sports brand Puma, including a potential sale, and is in discussions with various potential buyers, including Anta and Li Ning [1] Group 1: Strategic Options - The Pino family is collaborating with advisors to assess strategic options for Puma, which may include a sale [1] - Potential buyers being approached include Anta, Li Ning, other U.S. sports apparel companies, and sovereign wealth funds from the Middle East [1] Group 2: Company Responses - Anta has stated that it does not comment on market rumors [1] - Li Ning emphasized its commitment to its core development strategy of "single brand, multiple categories, and multiple channels," and confirmed that it has not engaged in any substantial negotiations regarding the rumored transaction [1]