Latham & Watkins Advises on Amer Sports, Inc.’s Upsized US$938.4 Million Public Offering
Amer Sports, Inc. (NYSE: AS), a global group of iconic sports and outdoor brands, has announced the pricing of its upsized public offering of 40,800,000 ordinary shares at a price of US$23 per share. In connection with the offering, Amer Sports has granted the underwriters a 30-day option to purchase up to an additional 6,120,000 ordinary shares. The closing of the offering is expected to occur on December 6, 2024, subject to the satisfaction of customary closing conditions.
Latham & Watkins LLP represented the underwriters in the offering with a capital markets team led by partners Marc Jaffe, Ian Schuman, Michael Benjamin, and Adam Gelardi, with associates Zoey Wu and Nick Gonzalez. Advice was also provided on FINRA matters by partner Gail Neely.