Luxury Goods Company Kering Unloads Most Of Its Controlling Stake In Puma

By Sports Wire on January 12, 2018

Paris-based luxury goods company Kering "moved to shed most of its controlling stake" in Puma, announcing a "plan to distribute 70% of Puma’s shares to Kering shareholders," according to Matthew Dalton of the WALL STREET JOURNAL. Thursday’s move "leaves Kering focused almost ex...

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