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

Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties to French private equity firm Ardian ...

Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal ...

The French group said it will receive net proceeds of €837 million. Kering will retain 40% of the ownership in the prime real ...

Luxury conglomerate Kering has signed an investment agreement with private investment house Ardian to create a joint venture ...

PARIS, Jan 15 (Reuters) - Gucci owner Kering and French private equity firm Ardian struck a deal to transfer three Paris real estate assets to a newly created joint venture, the companies ...

Kering and Ardian today announced the signature of a binding investment agreement pertaining to three highly prestigious real estate properties in Paris. This portfolio comprises Hôtel de Nocé ...

Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal that will net the struggling owner of the Gucci fashion label €837 ...

Gucci owner Kering has transferred three of its Paris real estate assets to a new joint venture with French private equity ...

Kering and Ardian today announced the signature of a binding investment agreement pertaining to three highly prestigious real estate properties in Paris. This portfolio comprises Hôtel de Nocé, ...