Chinese group buys Serena Williams' racket-maker for $5.2 billion
A Chinese consortium led by Anta Sports has reached a $5.2-billion deal to acquire Finland's Amer Sports. Amer makes the Wilson tennis rackets used by Serena Williams as well as Atomic and Salomon ski equipment. Others in the consortium include Chip Wilson, the billionaire founder of yoga-apparel retailer Lululemon Athletica, and Chinese internet giant Tencent Holdings.n