The Newsroom
Deals·October 21, 2026 at 12:00 AM EDT·2 sources

Castore courts Chinese buyers as sportswear brand’s backers seek exit

Outlets covering it2 in 60 minutes
Oct 21, 4 AMOct 21, 5 AM

What happened

  • Castore is holding sale talks with Anta, Li Ning and US footwear brands.
  • The UK sportswear brand’s backers are seeking an exit.
  • Sir Andy Murray and Sir Jim Ratcliffe back Castore.

Why it matters

The reported sale process may create a consumer-sector M&A opportunity and offers visibility into exit options for Castore’s financial backers.

Deal terms

acquisition
Castore
Value
—
Read more on YouBank

The Newsroom, ranked for your desk

About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.

Timeline

  1. First reported by Financial TimesOct 21
    Castore courts Chinese buyers as sportswear brand’s backers seek exit
  2. Bloomberg reportsOct 21
    Castore in Talks With Anta, Li Ning Over Potential Sale, FT Says

Who is involved

Castore courts Chinese buyers as sportswear brand’s backers s…CastoretargetAntaLi NingSir Andy MurraySir Jim Ratcliffe
CompanyPerson

Sources (2)

  1. Financial TimesOct 21
    Castore courts Chinese buyers as sportswear brand’s backers seek exit
  2. BloombergOct 21
    Castore in Talks With Anta, Li Ning Over Potential Sale, FT Says
Read more on YouBank

The Newsroom, ranked for your desk

About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.

  • Why it matters to youEvery story matched to your watchlist, your contacts and your pipeline.
  • Follow developing storiesAn alert, and a push, the moment a story you follow moves.
  • Your briefing, read aloudA few minutes each morning with a chapter per story.
  • Brief modeSwipe through the day, a 20-second card each.