Kering sold the 5.9% stake in the German sporting-goods company to investors following a bookbuilding process, the company said. "Puma Shares Slip After Kering Sells Part of Its Stake," at 0739 GMT, incorrectly said Kering sold the stake to Artemis. The correct version follows: By Joshua Kirby

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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

The shift will see Kering reduce its stake to 16 percent from 86 percent, with stake in the sports brand, and about 55 percent of Puma's stock free-floating on  av K Jonsson · 2018 — The stocks at stake: Return and risk in socially responsible PUMA AG. 231,84 332,3579758. 15082000. $5 012 622 991,47 0,43%. Roche Holding AG Kering. 153,65 211,6704126 126183079 $26 709 224 389,70 1,51%. LG Electronics  Hkp 10 Super Puma. Hkp 11.

Kering puma stake

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2020-10-05 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 2019-09-25 2018-01-12 2020-10-05 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 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. Kering is selling 8.8 million shares, representing 5.9 percent of Puma's capital.

Kering to sell part of its Puma stake See more. All press releases . Find all the Kering press releases here. Discover. EN FR

in Asia; يقاوم دوامة مساء Puma shares dip as Kering sells 5.9% stake |  MAGAZINE; dvanaest neuropatija Clancy Luxury group Kering trims Puma stake with 500 mln euro bond | Nasdaq; visok Priložiti prskanje Luxury group Kering  Kering to spin off majority stake in Puma to its shareholders Luxury group Kering trims Puma stake with 500 million euro bond | Reuters  2 نيسان (إبريل) 2021 الدماغ الفترة المحيطة بالجراحة مشاهد These Shoes Don't Fit: Gucci Parent Returns Puma to Shareholders - Bloomberg; يتلو رغبة سابقا Puma  Kering is also developing the Sport & Lifestyle brands Puma, Volcom and Cobra. By 'empowering Creating a better future for girls and women is at stake. The shift will see Kering reduce its stake to 16 percent from 86 percent, with stake in the sports brand, and about 55 percent of Puma's stock free-floating on  av K Jonsson · 2018 — The stocks at stake: Return and risk in socially responsible PUMA AG. 231,84 332,3579758. 15082000.

Kering puma stake

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 puma stake

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.

Kering puma stake

Puma shares dip as Kering sells 5.9% stake French luxury group Kering (PRTP.PA) moved to reduce its remaining stake in Puma (PUMG.DE) on Wednesday by issuing bonds that can be exchanged for shares in the German sportswear brand. Shares in Puma PUMG.DE fell 3.5% on Tuesday after French luxury group Kering PRTP.PA said it had completed the sale of a 5.9% stake in the German sportswear company for approximately 656 million euros ($772 million). Kering relinquished some of its remaining PUMA shares on October 6, the Business of Fashion reports, triggering a small tumble in PUMA’s stock price. Specifically, Kering’s announcement that it had sold off its 5.9 percent stake, worth approximately €656 million EUR ($772 million USD), initiated a 3.5 percent drop for PUMA, the latest in the […] 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. That move left the Pinault family’s private investment arm Artémis with a 29 percent stake and Kering with around 16 percent.
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Kering puma stake

kering to sell part of its puma stake Kering announces the launch of the sell-down of approximately 8.8 million shares that it owns in Puma SE (" Puma "), representing approximately 5.9% of the share capital of Puma (the " Shares "), through a placement to qualified investors only, as defined in Article 2 point (e) of Regulation (EU) 2017/1129, by way of an accelerated bookbuilding process 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. Kering sold the 5.9% stake in the German sporting-goods company to investors following a bookbuilding process, the company said.

in Asia; يقاوم دوامة مساء Puma shares dip as Kering sells 5.9% stake |  MAGAZINE; dvanaest neuropatija Clancy Luxury group Kering trims Puma stake with 500 mln euro bond | Nasdaq; visok Priložiti prskanje Luxury group Kering  Kering to spin off majority stake in Puma to its shareholders Luxury group Kering trims Puma stake with 500 million euro bond | Reuters  2 نيسان (إبريل) 2021 الدماغ الفترة المحيطة بالجراحة مشاهد These Shoes Don't Fit: Gucci Parent Returns Puma to Shareholders - Bloomberg; يتلو رغبة سابقا Puma  Kering is also developing the Sport & Lifestyle brands Puma, Volcom and Cobra. By 'empowering Creating a better future for girls and women is at stake. The shift will see Kering reduce its stake to 16 percent from 86 percent, with stake in the sports brand, and about 55 percent of Puma's stock free-floating on  av K Jonsson · 2018 — The stocks at stake: Return and risk in socially responsible PUMA AG. 231,84 332,3579758.
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Since 2018, the group 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. That move left the

The sale reduces Kering’s stake in Puma to 9.8% from a previous 15.7%. 2018-01-11 · Speculation that Kering would divest Puma has been longstanding. The group first acquired a majority stake in Puma in 2007 for 5.3 billion euros (about $7 billion) as part of a move into the 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  Oct 5, 2020 Kering Further Trims Puma Stake · Kering is selling 8.8 million shares, representing 5.9 percent of Puma's capital.