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2009-12-17 17:29:08 CET 2009-12-17 17:30:09 CET REGULATED INFORMATION Amer Sports - Company AnnouncementMAVIC REMAINS PART OF AMER SPORTSAmer Sports Corporation STOCK EXCHANGE RELEASE December 17, 2009 at 10:35 am MAVIC REMAINS PART OF AMER SPORTS Amer Sports announced on September 1, 2009, that it is exploring strategic alternatives in respect of its cycling business Mavic and that this review could result in a divestiture of Mavic. Amer Sports has during the last months evaluated several different options and has now reached the conclusion that a divestment of this business would not be in the shareholders' best interest. Instead Amer Sports will concentrate its efforts on further developing its cycling business. For further information, please contact: Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233, tommy.ilmoni@amersports.com DISTRIBUTION: NASDAQ OMX Helsinki Major media www.amersports.com AMER SPORTS CORPORATION Amer Sports (www.amersports.com) is one of the leading sporting goods companies in the world with a strong brand portfolio comprising Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. All Amer Sports companies develop and manufacture technically advanced products that improve the performance of active sports participants. The Group's business is balanced by its broad portfolio of sports and presence in all major markets. |
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