Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties ...
The deal valued at 837 million euros will give Kering a cash infusion as it seeks to shore up its balance sheet.
Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal ...
The French group said it will receive net proceeds of €837 million. Kering will retain 40% of the ownership in the prime real ...
Investment firm Ardian is acquiring a 60% stake in three real estate complexes in France from luxury fashion brand Kering, ...
Gucci owner Kering has transferred three of its Paris real estate assets to a new joint venture with French private equity ...
Kering sells 60% of Paris properties amid Guccis poor performance Kering divests significant stakes in Paris real estate as ...
The Italian brand will debut Avenia, a 22-apartment residential complex in Aventura, Fla., by the first half of 2027.
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
The luxury group that owns brands Gucci and Saint Laurent has struck a deal to sell majority stakes in three of its ...
Gucci owner Kering and Ardian have signed a €837 million deal. The agreement covers three highly prestigious properties in Paris, located on Place Vendôme and Avenue Montaigne.
Luxury group Kering has signed an agreement with investment firm Ardian for the sale of 837 million euros worth of real ...