Puma: Kering to distribute in kind 70% of its 86.3% stake in the sports equipment manufacturer

"The board of directors of Kering has unanimously proposed to submit to its shareholders the plan to distribute in kind approximately 70% of the outstanding shares of the equipment manufacturer Puma in circulation, knowing that the group currently holds 86.3 %," announced the global group of luxury and sport & lifestyle brands, on 11/01/2018...