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France, Italy
Kering reckons with cost of purchase option for Valentino

Reading time 2 min

This article is part of this Running Story

Qatar's royal family: luxury's silent investor All articles

When it acquired a 30% stake in Valentino in November 2023, the luxury goods company took out an option to buy up the remaining 70% from its Qatari owner Mayhoola over the next two years. But as Kering contends with a decline in its own financial performance and rising debts, its shareholders are increasingly concerned about the potential cost of this arrangement. Mayhoola for its part has put precise figures on the company's commitment.

This article is part of this Running Story

Qatar's royal family: luxury's silent investor All articles

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