In a surprising move, Kering has decided to reduce its stake in Puma from 86% to 16% through distribution in kind to Kering shareholders. Artémis would then be the strategic shareholder in Puma with c.29% of its share capital.
15 Jan 2018
Kering distributes 70% of the Puma stake to shareholders
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Kering distributes 70% of the Puma stake to shareholders
Kering SA (KER:WBO) | 0 0 0.1% | Mkt Cap: 49,615m
- Published:
15 Jan 2018 -
Author:
Rim BEN SALAH -
Pages:
2
In a surprising move, Kering has decided to reduce its stake in Puma from 86% to 16% through distribution in kind to Kering shareholders. Artémis would then be the strategic shareholder in Puma with c.29% of its share capital.