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Article Date: January 2024
Word Count: 486

Amer Sports IPO Could Raise $2 Billion

The Arc’teryx, Salomon and Wilson parent plans to sell 100 million shares for between $16 and $18 per share next week, which could bring in more that $2 billion at the high end if a 15 million share overallotment is fully exercised. If that’s the case, Amer Sports’ post-IPO valuation would be about $9 billion. The company, which will trade under the “AS” ticker on the New York Stock Exchange, will float approximately 26% of its nearly 385 million ordinary shares during the offering. Owners of current Amer parent, AS Holdings, ... Log in to view full article.


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