We advised Amer Sports on its IPO and NYSE listing

Davis Polk advised Amer Sports, Inc. on its SEC-registered initial public offering of 105,000,000 ordinary shares for total gross proceeds of $1.37 billion. The underwriters have an option to purchase up to an additional 15,750,000 ordinary shares. Amer Sports is listed on the New York Stock Exchange under the ticker symbol “AS.” The offering is expected to close on February 5, 2024, subject to the satisfaction of customary closing conditions.

Amer Sports is a global group of iconic sports and outdoor brands, including Arc’teryx, Salomon, Wilson, Peak Performance and Atomic. Elevating the world through sport – from courts to slopes, from cities to mountains, and everywhere in between – Amer Sports aims to inspire people to explore and experience the joy of sports and outdoor activities, and lead better, healthier lives.

The Davis Polk capital markets team included partners Michael Kaplan, Roshni Banker Cariello and Li He, counsel – registered foreign lawyer Kevin Zhang and associates Meaghan Kennedy, Raphaelle Desaleux and Matthew L. Hulse. Partner Jennifer S. Conway and associate Kerri Thompson provided executive compensation advice. Partner Michael Mollerus provided tax advice. Members of the Davis Polk team are based in the New York and Hong Kong offices.