On Thursday, November 27, 2025, during the intraday trading session, the price of Puma SE stock on Germany’s Xetra exchange increased by more than 17% due to market speculation about a possible acquisition by the massive Chinese company Anta Sports Products.
Following media allegations that the Chinese sports clothing firm Anta Sports Products was interested in purchasing the shoemaker, the shares of the German footwear giant surged.
Anta Sports’s eyes Puma acquisition
According to the news agency Bloomberg, which cited persons with knowledge of the matter, China’s Anta Sports Products is one of the companies considering a possible acquisition of Puma SE.
According to the news agency, Anta Sports is working with a financial advisor to assess an acquisition bid for Puma SE. If the company chooses to proceed with an offer on the German shoemaker, it may collaborate with a private equity group.
The agency also states that other possible bidders might include rival Chinese clothing manufacturer Li Ning Co. and other sportswear firms including Asics Corp. in Japan.
According to the news report, those with knowledge of the development also stated that the takeover deal’s discussions are still in their early stages and it’s unclear which suitors will move forward with their bids.
The Hong Kong stock exchange lists Anta Sports. Following Thursday’s market session, shares of the Chinese sportswear manufacturer closed 1.66% higher at 85.65 Hong Kong dollars, up from 84.25 Hong Kong dollars at the previous trading close.
Trend of Puma SE stock prices
The price of Puma SE stock increased 17.4% during Thursday’s trading session, reaching an intraday high of 19.97 euros from the previous market close of 17.01 euros. As of 10:58 a.m. (CET), the price of Puma SE shares was up 14.73% at 19.50 euros, based on data gathered from MarketWatch.
Puma’s stock has declined more than 56% in the last year and more than 76% over the previous five years. The company’s shares has dropped 56.05% so far in 2025.
According to market data, investors have received 25.99% returns on their investment in the last five market sessions despite Puma stocks being 10.76% lower on a monthly basis.
The 52-week high of Puma stock was 47.15 euros, while the 52-week low was 15.30 euros. MarketWatch data shows that the company’s shares are trading higher than they were at the beginning of the year.
As of the trading session on Thursday, November 27, 2025, the footwear company’s market capitalization (M-Cap) was 2.5 billion euros.
