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

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

Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties ...

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

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

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

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 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 ...