Artemis, the Pinault family company, is considering various options for its 29% stake in Puma, including a possible sale, according to Reuters. The news led to an 18% surge in Puma shares, which have lost more than half their value in the past two years. The Pinault family is working with consultants to evaluate available options and has contacted potential buyers. Artemis acquired the stake following Kering's 2018 portfolio restructuring.
Sources
Latest News
23:21
The option of a technocratic government could return to the negotiating table. Ciprian Ciucu: "The President would have tested one or two, three options, but I was not told what those options are."
22:53
The President of Brazil, Lula da Silva, is launching his campaign for a fourth term / He declares himself to be "in excellent shape" at the age of 80.
22:17
Radu Miruță: "It is a complicated situation, a situation that is merely the consequence of poor management of the balance between electricity production and consumption / Romania, for years, has only shut down"
21:50
Fire on a ferry in Indonesia, off the coast of Madura Island: Five people have died and 41 are missing.
21:26
Superliga: Corvinul Hunedoara and Sepsi finished in a draw, 1-1
See more news