(Reuters) -The Pinault family is weighing options for Puma SE, including a sale, Bloomberg News reported on Monday citing people familiar with the matter. The Pinault family owns about 29.3% of the German sportswear brand through Artemis SAS, according to LSEG data. Reuters could not immediately verify the report. A spokesperson for Artemis declined to […]
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Pinault family explores sale of Puma, Bloomberg News reports
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(Reuters) -The Pinault family is weighing options for Puma SE, including a sale, Bloomberg News reported on Monday citing people familiar with the matter.
The Pinault family owns about 29.3% of the German sportswear brand through Artemis SAS, according to LSEG data.
Reuters could not immediately verify the report. A spokesperson for Artemis declined to comment.
Puma shares rose 16%, following the report.
(Reporting by Preetika Parashuraman in Bengaluru; Editing by Krishna Chandra Eluri)