Kering sells Puma stock to strengthen balance sheet

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Kering sells Puma stock to strengthen balance sheet

Aidan Gregory
October 06, 2020 08:30 am
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firo: 28.08.2020, football, 1st Bundesliga, season 2020/2021, test match, BVB, Borussia Dortmund - SC Paderborn Jadon SANCHO, BVB, departure after substitution, PUMA advertising | usage worldwide | firo Sportphoto/Ralf ibing/DPA/PA Images

Kering, the French luxury goods giant, has offloaded a €687m chunk of its stake in German sportswear company Puma, via an accelerated bookbuild.

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GermanyEquityABBs-Block TradesEuropeEMEAHSBC
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Aidan Gregory
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