The Pinault family's Artemis is evaluating options for its 29% stake in Puma, including a possible sale, causing Puma shares to surge.
Călin Nicolescu
Economy
Foto Pixabay
Always see our news on Google
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
07:09
Interim Minister of Labor, Dragoș Pîslaru, message to the parties regarding the salary law: "If they don't like this project, let them submit it as a proposal and work on it in Parliament, so we can see if they have better ideas."
22:54
The Oil Terminal Union announces the initiation of the collective labor conflict on August 24, after the failure of negotiations for a salary increase of 6.5%.
22:34
Russia is recalling its ambassador from the United Kingdom amid diplomatic tensions
22:16
USA: The FDA has authorized the Aletta robot, the first robotic device that collects blood, under the supervision of a specialist.
21:50
The second fragment of the Gerbera drone, with explosive charge, discovered and neutralized on the Romanian coast
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
