French luxury goods group Kering said it was launching an offer of bonds that could be exchanged for shares in Puma , in which Kering already holds a 15.7% equity stake, to the tune of 500 million euros ($549.8 million).
from Reuters: Business News https://ift.tt/2l2OxEy
Tuesday, September 24, 2019
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Luxury group Kering launches bonds that can be changed for Puma shares
Typhoo Tea teeters on the brink of administration
The loss-making firm is attempting a turnaround amid a break-in and fire at its former factory. from BBC News https://ift.tt/GcCuKjJ
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