Lululemon’s founder to join Anta, Tencent and FountainVest to take over Amer Sports, sources say

The founder of yoga apparel retailer Lululemon Athletica is close to joining the Chinese investor group pursuing a takeover of Amer Sports Oyj, owner of brands including Wilson tennis rackets, people familiar with the matter said. Canadian billionaire Chip Wilson is in talks to take around a 20 per cent stake as part of the consortium led by Anta Sports Products, according to the people. The buyer group and Helsinki-based Amer could announce a takeover agreement as soon as the next few weeks,…

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