Showing interest: Workers operating sewing machines on the footwear production line at the Anta factory in Jinjiang, Fujian. A number of companies and private equity funds have shown preliminary interest in acquiring Precor. —Bloomberg
Hong Kong: Anta Sports Products Ltd is considering a sale of its fitness equipment brand Precor Inc after receiving approaches from potential buyers, according to sources.
The biggest sportswear maker in China is working with an adviser for a potential sale of the US business that could fetch about US$500mil, said the sources.
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