Tag: shareholder
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Kering Luxury Group to Become Valentino’s Significant Shareholder
In a landmark move that marks a significant shift in the luxury fashion landscape, Kering and Mayhoola have announced a binding agreement that will see Kering acquire a 30% shareholding in the prestigious Italian luxury house, Valentino. The cash consideration for this acquisition amounts to a staggering €1.7 billion. This partnership forms part of a…
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Artémis, the controlling shareholder of Kering Luxury Group continues expansion in fashion with new investment
The controlling shareholder of Kering Luxury Group continues expansion in fashion apparel and new categories with strategic investment in GOAT Group. GOAT Group (GOAT), the global platform for high-end products from the past, present and future, has secured a strategic investment from Groupe Artemis, the controlling shareholder of Kering, which is a world…