Kering sold 70% of Puma to its existing shareholders in 2018 as the group pivoted to focus on its luxury brands. A 41% controlling stake in Kering is held by Groupe Artémis, the private investment

Jun 24, 2020 The French holding company, owned by Kering's Chairman and CEO François- Henri Pinault, acquired 29% of Puma shares after being offered

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 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. By Joelle Diderich on October 5, 2020 Share This Article Reddit Kering has divested a 5.9 percent stake in sporting giant Puma.

Find all the Kering press releases here. 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 had announced its plan to sell the stake on Tuesday, said the transaction corresponded to a selling price of 74 2018-01-12 · Kering said on Thursday it planned to distribute 70 percent of Puma shares to its investors, leaving it with only a 16 percent stake, confirming an exclusive Reuters report.

The sale reduces Kering’s stake in Puma to 9.8% from a previous 15.7%.

26 آذار (مارس) 2021 نهائي تناقض تعارض تضارب شريحة Puma Stock Dropped After Gucci Owner Kering Trimmed Its Stake. Here's Why. | Barron's. نهائي تناقض

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.

Read more: Designers Oct 6, 2020 (Reuters) - 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 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. May 16, 2018 Kering will retain 15.7% of the share capital and 15.85% of the shares outstanding and voting rights of Puma. As from today, this stake will be Jun 25, 2020 After being offered a dividend in kind by Kering in 2018, the French holding company, owned by Kering's Chairman and CEO François-Henri Jan 12, 2018 Kering (OTC: PPRUY) has announced plans to spin off a majority stake in Puma SE (PMMAF), enabling the company to focus on its May 16, 2018 Kering has officially spun Puma out from its group portfolio. The luxury conglomerate announced in a statement that the German sportswear Jan 10, 2018 announcing its plan to cut its majority stake in both Volcom and Puma to focus on its luxury houses instead. Kering said it will sell Volcom Jan 19, 2018 French luxury group Kering plans to sell-off its stake in Puma, offering shares of the German sports firm to current shareholders, in a bid to focus Jun 10, 2018 KERING is distributing 70 percent of its stake in Puma to shareholders in order to focus on its luxury portfolio of brands.

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.
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Regulatory News: Not for distribution, directly or indirectly, in the United States of America, South Africa, Australia, Canada or Japan, Since 2018, Kering has gradually reduced its stake in Puma after spinning off 70 percent of the company to its shareholders as part of a plan to refocus on its luxury division.

Here's Why. | Barron's; Ažuriraj ček Susteen Jan 12, 2018 KERING is distributing 70 percent of its stake in Puma to shareholders in order to focus on its luxury portfolio of brands. Read more: Designers Oct 6, 2020 (Reuters) - 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 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. May 16, 2018 Kering will retain 15.7% of the share capital and 15.85% of the shares outstanding and voting rights of Puma. As from today, this stake will be Jun 25, 2020 After being offered a dividend in kind by Kering in 2018, the French holding company, owned by Kering's Chairman and CEO François-Henri Jan 12, 2018 Kering (OTC: PPRUY) has announced plans to spin off a majority stake in Puma SE (PMMAF), enabling the company to focus on its May 16, 2018 Kering has officially spun Puma out from its group portfolio.
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Neige fondue Luxury group Kering to spin off Puma to its own shareholders; alimentation Colportage Départ pour Puma shares dip as Kering sells 5.9% stake

The stake is worth around EUR687 million, based on Puma share price at closing on Monday. Kering trims Puma stake with 500 million euro bond The luxury holding completed the spinoff of the German clothing and sports equipment company in May 2018.