Preview - Please log in to view full article.

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.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.