Exclusive-France's Artemis won't exit Puma stake at current value, source says
Yahoo Financeยท2025-09-11 15:09
By Tassilo Hummel PARIS (Reuters) -Artemis, the Pinault family's holding that controls Gucci-owner Kering, will not sell its 29% stake in sports brand Puma at the current market value and is not engaged in talks over a deal, a source close to the firm told Reuters on Thursday. The comments, the first from a source with detailed knowledge of the private firm's operations, come after Bloomberg reported in August that Artemis was sounding out potential buyers for its $960 million Puma stake. Puma shares su ...