Amer Sports (AS) Launches 100M Share IPO

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Amer Sports, Inc. Announces Launch of its Initial Public Offering

January 22, 2024 6:54 AM UTC

HELSINKI--(BUSINESS WIRE)-- Amer Sports, Inc. (Amer Sports), a global group of iconic sports and outdoor brands, announced today the launch of its initial public offering of 100,000,000 ordinary shares. In connection with the offering, Amer Sports has granted the underwriters a 30-day option to purchase up to an additional 15,000,000 ordinary shares to cover over-allotments. The initial public offering price is currently expected to be between $16.00 and $18.00 per share. Amer Sports has been approved to list its ordinary shares on the New York Stock Exchange under the symbol AS.

Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan and Morgan... More