Kering Buys 30% Stake in Luxury Brand Valentino
27 Julio 2023 - 11:39AM
Noticias Dow Jones
By Maitane Sardon
Kering said Thursday that it is buying a 30% stake in Italian
fashion brand Valentino for 1.7 billion euros ($1.88 billion) in
cash.
As part of the agreement with investment fund Mayhoola, Kering
has the option to purchase the whole of Valentino's share capital
no later than 2028.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
July 27, 2023 12:24 ET (16:24 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Kering (EU:KER)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Kering (EU:KER)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
