Investor consortium Mascot Bidco Oy (Mascot) gained title to all the shares in Amer Sports on 4 September 2019.
After title to the shares was transferred, the minority shareholders of Amer Sports were entitled to receive only the redemption price for the shares and interest payable.
The public quotation of Amer Sports shares on Nasdaq Helsinki therefore ceased on 4 September 2019. Following the delisting, Amer Sports is not subject to the periodic reporting obligation for publicly traded shares, as set out in the Finnish Securities Market Act. It will therefore not publish a half year report or other periodic financial reporting from the ongoing or future reporting periods.
As part of a divestment plan, Amer Sports recently completed the sale of the shares and related cycling business of Mavic to private equity firm Regent. Amer Sports’ retained brands are: Arc’teryx, Armada Skis, Atomic, Demarini, ENVE, Louisville Slugger, Peak Performance, Precor, Salomon, Sports Tracker, Suunto and Wilson.