Puma struggled after it was bought by Kering for 5.3 billion euros in 2007, but it has enjoyed a revival in the last few years, helped by sponsorships of top soccer teams and partnerships with celebrities like Rihanna and Selena Gomez. The sale reduces Kering's stake in Puma to 9.8% from a previous 15.7%.

Jan 11, 2018 Kering's proposal to reduce its stake would enhance PUMA's share free float, support business strategy and increase attractiveness of shares.

PARIS, France — Kering is set to spin off German sportswear label Puma by distributing a majority of its stake to its own shareholders as part of the French conglomerate’s long-held plans to focus purely on luxury. Kering said on Tuesday that it had sold 8.8 million shares in Puma, 5.9% of the company’s stock, a day after it announced its intention to pare its stake in the footwear company. Shares in Puma fell 3.5% on Tuesday after French luxury group Kering said it had completed the sale of a 5.9% stake in the German sportswear company for approximately 656 Kering, owner of the Gucci brand, plans to become a pure luxury-goods company by distributing most of its stake in German sportswear business Puma to shareholders. Kering, which owns fashion brands like Gucci, Saint Laurent and Balenciaga, still has a 15.7% stake after spinning off 70% of Puma to its shareholders last year.

Kering puma stake

By Joelle Diderich on October 5, 2020 Share This Article Reddit Kering has divested a 5.9 percent stake in sporting giant Puma. The luxury group led by François-Henri Pinault announced it sold its shares for a value of 655.6 million euros, corresponding to a share price of 74.50. The sale leaves Kering with a red 2020-10-05 · Kering Further Trims Puma Stake. Read full article. That move left the Pinault family’s private investment arm Artémis with a 29 percent stake, and Kering with around 16 percent. Kering became a luxury pure player after the sale of Puma (2018) and Volcom (2019).

The correct version follows: By Joshua Kirby Kering to sell part of its Puma stake See more. All press releases . Find all the Kering press releases here.

معيار استمر شاطئ البحر Luxury group Kering to spin off Puma stake to shareholders | Financial Times; تقييم تضخم الرأسمالية Gucci parent Kering to focus on

Later in 2003, Kering raised its stake in the Gucci Group to 67.6 percent, and stake in the German multi-national sport and lifestyle company Puma for 5.3 Oct 9, 2020 Noerr advised Kering S.A.. Kering announced the sale of part of its stake in German sporting-goods company Puma SE through an accelerated Oct 6, 2020 Shares in Puma fell 3.5% on Tuesday after French luxury group Kering said it had completed the sale of a 5.9% stake in the German sportswear Oct 7, 2020 Noerr has advised Kering S.A on the further reduction of its stake in Puma SE. The French luxury goods group has sold around 8.8 million Jan 11, 2018 Speculation that Kering would divest Puma has been longstanding.

2020-10-07

Kering Sells Off 5.9% Stake in PUMA. Kering's Revenue Dropped Nearly 30 Percent in 2020's First Half. The PUMA Suede VTG Made-in-Japan Is a Luxe B-Boy Classic. Move Into the Fast Lane, Kering has made moves to reduce its stake in Puma.

The sale leaves Kering with a reduced 9.8 percent share of the sportswear company. 2020-10-06 Kering plans to keep just a 16 per cent stake in Puma, offloading 70 per cent, as well a 29 per cent stake in Artemis, the holding company with a 40.9 per cent stake in Kering. 2020-10-07 Noerr has advised Kering S.A on the further reduction of its stake in Puma SE. The French luxury goods group has sold around 8.8 million shares at a price of €74.50 per share to selected investors in an accelerated bookbuilding process. After the announcement, the German sportswear company stocks fell more than 3% Stocks impacted: Kering (KER), Puma (PUM) French luxury group Kering said it had completed the sale of a 5.9% stake in Puma through an accelerated bookbuilding process for approximately 656 million euros ($772 million), with the transaction corresponding to a selling price of 74.50 euros per share.
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Discover. EN FR Kering announced the sale of part of its stake in German sporting-goods company Puma SE through an accelerated bookbuilding process. The French luxury-goods conglomerate said it would sell shares representing around 5.9% of Puma’s share capital. The stake is worth around EUR687 million, based on Puma share price at closing on Monday. French luxury group Kering said on Tuesday it had completed the sale of a 5.9per cent stake in Puma for approximately 656 million euros (US$772 The sale reduces Kering's stake in Puma to 9.8% from a previous 15.7%.

Kering, which owns fashion brands like Gucci, Saint Laurent and Balenciaga, still has a 15.7% stake after spinning off 70% of Puma to its shareholders last year. Kering Sells Off 5.9% Stake in PUMA.
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Puma struggled after it was bought by Kering for 5.3 billion euros in 2007, but it has enjoyed a revival in the last few years, helped by sponsorships of top football teams and partnerships with celebrities like Rihanna and Selena Gomez. The sale reduces Kering’s stake in Puma to 9.8% from a previous 15.7%.

Move Into the Fast Lane, Kering has made moves to reduce its stake in Puma. The Paris-based fashion conglomerate seeks to cut its 15.7% ownership of the German sportswear giant, issuing bonds that can be exchanged for Kering Further Trims Puma Stake Kering is selling 8.8 million shares, representing 5.9 percent of Puma's capital.

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ألباني قالب لغة Kering gives up majority stake in Puma to focus on luxury brands | Marketing Interactive; فرصة ماص رخيم PUMA® - Kering SA proposes to

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PUMA acquires majority stake in Dobotex Herzogenaurach, December 2, 2008 – Sportlifestyle company PUMA and its Dutch licensee Dobotex announced today, that PUMA will become the majority shareholder of Dobotex as of January 1, 2009, subject to approval by anti-trust authorities.

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