Puma Backs Ppr’S Offer

Following a board meeting, Jochen Zeitz, Puma’s chief executive, has reiterated the support of the company’s executive and supervisory board for the full takeover bid that Pinault Printemps Redoute (PPR), the French luxury and retail conglomerate, officially launched on May 14 for the 72.9 percent of Puma capital that it ...

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