Kering, Mayhoola Amend Agreement, Postpone Valentino Put Options
Yahoo Finance·2025-09-11 00:32
MILAN – Kering’s new course continues to take shape. A day after the luxury group’s combined general meeting and the first public appearance of chief executive officer Luca De Meo, the French company and Mayhoola jointly announced that the current ownership structure of the Valentino house will not change before 2028 at the earliest. More from WWD This represents an amendment to their shareholders’ agreement, inked at the time of Kering’s acquisition of a stake in Valentino in 2023. Two years ago, Kering ...