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Kering : completes acquisition of 30% stake in Valentino
(CercleFinance.com) - Kering yesterday announced that it has completed the acquisition of a 30% stake in Valentino, according to the terms communicated on 27 July 2023 and after obtaining approval from the competition authorities.
This investment will be accounted for in Kering's financial statements using the equity method as from now. Copyright (c) 2023 CercleFinance.com. All rights reserved. |
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