The deal valued at 837 million euros will give Kering a cash infusion as it seeks to shore up its balance sheet.

The landmark properties — Hôtel de Nocé on place Vendôme and two buildings on avenue Montaigne — will be held by a joint venture. Kering will keep 40% and Ardian will own the rest ...

Ardian and luxury group Kering launched a joint venture for three prestigious Paris real estate properties, including the ...

Kering and Ardian today announce the signature of a binding investment agreement for three prestigious properties in Paris.

Luxury group Kering has signed an agreement with investment firm Ardian for the sale of 837 million euros worth of real ...

Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties to French private equity firm Ardian SAS for €837 million (~$862 million). The properties involved include the Hôtel ...

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 ...

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The landmark properties — Hôtel de Nocé on place Vendôme and two buildings on avenue Montaigne — will be held by a joint venture. Kering will keep 40% and Ardian will own the rest, the companies said.