Amer Sports files for NYSE listing

Helsinki, Finland-based Amer Sports Inc, the maker of Wilson tennis rackets and owner of outdoor product brands such as Arc'teryx, which was bought about five years ago by a consortium of Tencent, Anta Sports and founder of Lululemon for $5 billion, has filed for an IPO on the New York Stock Exchange on Thursday.

Amer is targeting more than $1 billion and an NYSE listing could value the firm at $10 billion, Bloomberg News reported.

Among Amer's iconic sports and outdoor brands are Salomon, Peak Performance and Atomic. As of Sept 30, Amer had 63 Arc'teryx stores, 30 Salomon stores, 67 Salomon distribution points and two Wilson stores in China.