Gucci’S Parent Company Is Making A Friendly Bid For Puma

2007-04-10T00:00:00

PPR Group, the large French retail and luxury conglomerate, has confirmed its intention to launch a full bid for Puma valuing the company at about €5.27 billion, after its acquisition of a 27.1 percent stake and blocking minority belonging to Mayfair, a holding company for the German Herz family. The ...

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