PPR Makes Bid for Puma

Kerrigan, Andy
May 2007
SGB;May2007, Vol. 40 Issue 5, p9
Trade Publication
The article reports on Pinault-Printemp-Redoute's (PPR), a multinational holding company, interest in PUMA AG (PUMA), an athletic footwear and apparel company. PPR has acquired a little under a third of PUMA's stock and has made a bid to acquire the rest. A letter of intent to PUMA's board of directors outlined how the PPR buyout could help them achieve long term goals.


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