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Tuesday, September 24, 2019

Luxury group Kering launches bonds that can be changed for Puma shares

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

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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