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Article Date: October 2020
Word Count: 99

Kering Cuts Puma Stake to 9.8%

The Big Cat’s former owner has sold another 5.9% of the company for €74.50 per share, netting about €656 million ($773 million) and reducing its holding to about 9.8% of outstanding shares. The latest block of shares was placed with “qualified investors.” Puma had enjoyed a nice run up ... Log in to view full article.


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