Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal ...
The deal valued at 837 million euros will give Kering a cash infusion as it seeks to shore up its balance sheet.
Ardian and luxury group Kering launched a joint venture for three prestigious Paris real estate properties, including the ...
Luxury group Kering has signed an agreement with investment firm Ardian for the sale of 837 million euros worth of real ...
Kering and Ardian today announce the signature of a binding investment agreement for three prestigious properties in Paris.
Press release_Kering and Ardian sign an agreement_15 01 25 PRESS RELEASE KERING AND ARDIAN SIGN AN INVESTMENT AGREEMENT REGARDING PRIME REAL ESTATE ASSETS IN PARIS Kering and Ardian today announced ...
The French group said it will receive net proceeds of €837 million. Kering will retain 40% of the ownership in the prime real-estate portfolio.
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