Kering and Ardian today announced the signature of a binding investment agreement pertaining to three highly prestigious real estate properties in Paris. This portfolio comprises Hôtel de Nocé ...

Kering will transfer three of its prestigious addresses to the new entity. The deal is valued at 837 million euros, with ...

Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a prestigious Fifth Avenue building it bought just over a year ago, two people with direct knowledge ...

Kering and Ardian announce today the closing of their investment transaction regarding a portfolio of three prime real estate assets in Paris, in line with the terms announced on January 15, 2025.

Kering, the parent company of Gucci, is in exclusive talks with Ardian to sell a stake in its 717 Fifth Avenue property, which it acquired for $963 million last year.

Gucci owner Kering has transferred three of its Paris real estate assets to a new joint venture with French private equity firm Ardian, freeing up 837 million euros ($860.27 million) in proceeds ...

--French luxury-goods giant Kering is in talks with private equity investment company Ardian over the sale of a stake in Fifth Avenue Property it bought just over a year ago, Reuters reports ...

Kering, the owner of Gucci, is in exclusive talks with private equity firm Ardian to sell a majority stake in a prime Fifth Avenue property, as the French group tries to cut costs amid a slowdown ...

PARIS/MILAN (Reuters) -Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a prestigious Fifth Avenue building it bought just over a year ago, two people ...

Kering and Ardian declined to comment. Kering, controlled by family of CEO Francois-Henri Pinault, bought 715-717 Fifth Avenue in January 2024 for $963 million to secure a top retail location in ...

PARIS/MILAN (Reuters) -Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a prestigious Fifth Avenue building it bought just over a year ago, two people ...