Business | Amer’s American dream

Can Arc’teryx’s owner revive Chinese IPOs in America?

Amer and its Chinese parent, Anta, eye a $1bn New York listing

An Arc’teryx sign at retail store in Shenzhen, China.
Photograph: Alamy
|Shanghai

Foreign acquisitions by Chinese buyers have a lousy reputation. The takeover of PizzaExpress, a British restaurant chain, by Hony Capital, a Chinese private-equity firm, ended up in restructuring. Financial collapse forced HNA, a Chinese conglomerate, to sell its stake in Hilton Worldwide, an American hotel chain, not long after buying it. Sanpower, a Chinese mall operator that bought House of Fraser, a British department store, succumbed to similar pressures.

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This article appeared in the Business section of the print edition under the headline “Amer-ican dream”

From the January 20th 2024 edition

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