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Business deals

China sports brand Anta goes global, taking on Nike and Adidas

Company set to buy Wilson owner Amer of Finland for $5.2bn

Finland's Amer Sports owns Wilson, a brand whose tennis rackets are popular with top players like Roger Federer.   © Reuters

SHANGHAI/HONG KONG/TOKYO -- Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to compete with Nike and Adidas in both home and away markets.

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