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Kering: Citigroup exceeds 5% stake

(CercleFinance.com) - On January 13, Citigroup declared to the AMF that it had exceeded the threshold of 5% of Kering's capital and held 6,597,789 shares representing the same number of voting rights, i.
e. 5.35% of the capital and 3.73% of the voting rights.

The U.S. bank states that this threshold crossing is the result of a market acquisition of shares in the luxury group, which owns brands such as Gucci, Saint Laurent and Bottega Veneta.

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