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Kering SA (PRTP.PA)

PRTP.PA on Paris Stock Exchange

412.10EUR
19 Jan 2018
Change (% chg)

€11.30 (+2.82%)
Prev Close
€400.80
Open
€403.70
Day's High
€413.00
Day's Low
€402.70
Volume
269,737
Avg. Vol
207,216
52-wk High
€415.00
52-wk Low
€219.40

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Fri, Jan 12 2018

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Puma shares slump as luxury group Kering plans spin-off

PARIS/BERLIN Puma shares tumbled on Friday after French parent Kering said it would spin-off the German sportswear group to its shareholders and focus solely on its luxury fashion and jewellery labels.

Puma shares slump as luxury group Kering plans spin-off

PARIS/BERLIN Puma shares tumbled on Friday after French parent Kering said it would spin-off the German sportswear group to its shareholders and focus solely on its luxury fashion and jewelry labels.

UPDATE 2-Puma shares slump as luxury group Kering plans spin-off

* Kering vs competitors: http://tmsnrt.rs/2DlXf5n (Adds graphic, quotes, advisors)

Kering shares touch record highs on Puma spin-off deal, but Puma shares slump

PARIS, Jan 12 Kering shares rose to record highs on Friday after the French luxury goods group announced plans to spin off German sports brand Puma to its shareholders in order to focus squarely on its more upmarket brands.

Puma CEO says has no plans to take on other brands

BERLIN Puma has no plans to take on other brands such as Kering's Volcom for the moment, the German sports brand's chief executive said on Friday.

Puma CEO says has no plans to take on other brands

BERLIN Puma has no plans to take on other brands such as Kering's Volcom for the moment, the German sports brand's chief executive said on Friday.

Puma CEO says has no plans to take on other brands

BERLIN, Jan 12 Puma has no plans to take on other brands such as Kering's Volcom for the moment, the German sports brand's chief executive said on Friday.

Luxury group Kering to spin off Puma to its own shareholders

FRANKFURT/LONDON Gucci-owner Kering plans to spin off German sports brand Puma to the French conglomerate's shareholders to focus squarely on its luxury brands.

RPT-UPDATE 2-Luxury group Kering to spin off Puma to its own shareholders

* Spin-off deal comes after turnaround for Puma (Repeats to add link to Breakingviews column. Updates with Kering CFO quotes, background)

BRIEF-Kering Will Look At Options For Volcom Sportwear Brand Following Puma Spin-Off

* CFO SAYS COMPANY WILL LOOK AT OPTIONS FOR ITS VOLCOM SPORTWEAR BRAND FOLLOWING PUMA SPIN-OFF Further company coverage: (Reporting paris.newsroom@thomsonreuters.com)

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