Puma Shareholder Artemis Issuing Convertible Bonds
Artemis, which owns 29% of the Big Cat’s shares, is seeking to reduce that share to around 25% by issuing bonds that are convertible into Puma stock at premium over the current, coronavirus depressed price. The strategy is similar to the one former Puma owner Kering used to divest most of its holdings in ... Log in to view full article.
