Will EU Intervene in Amer Sports Takeover by Chinese companies?

HELSINKI, Finland – After Amer Sports announced one week ago that it wants to sell its activities in the cycling market with Mavic and Enve, the Finnish holding got a takeover bid for all Amer shares by the Chinese companies ANTA Sports Products and FountainVest Partners. Apart from the principal issue of how Amer’s Board and shareholders will react to the bid, it also raises the question of how the EU will deal with this planned takeover.
The question of how Brussels envisages acquisitions such as the proposed one of Amer Sports by Chinese companies stems from recent publications on EU policy and that of individual member states regarding Chinese investments in European companies. – Photo Shutterstock