The Big Cat’s former parent company plans to sell about 8.9 million PUM shares, about 5.9% of the company’s share capital, which is worth about €833 million ($1,015.3 mm) at today’s closing price. The offering is being made to qualified investors only through an accelerated bookbuilding process. After the sale, Kering will retain about 4.0% of Puma. Proceeds will be used for ... Log in to view full article.