Kering Postpones Full Valentino Acquisition to 2029
Paris, September 12 (Patrika English News): French luxury group Kering has delayed its plans to fully acquire Italian fashion house Valentino, following an amended shareholders’ agreement with Qatari investment firm Mayhoola. Kering purchased a 30% stake in Valentino in 2023, with options to acquire the remaining 70%. Under the revised terms, Mayhoola’s put options for … Read more