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Puma receives $7B takeover bid from PPR

Puma receives $7B takeover bid from PPR

   PPR, owner of the Gucci Group of luxury-goods brands, acquired 27.1% stake in PUMA for EUR330 per share in cash. PPR intends to launch a friendly takeover offer in cash on the remaining outstanding PUMA shares at the same price of EUR330 per share.

Posted : Tue, Apr 10, 2007

Category : World-Business / Business-Finance News

French Billionaire Pinault will preparing a bid for Suez

French Billionaire Pinault will preparing a bid for Suez

   Shares of Suez SA, the world's second-largest water company, rose more than 4% to an all-time high of €40 ($52.60) on the 29 December.

Posted : Sat, Dec 30, 2006

Category : World-Business / Business-Finance News
 
 
 
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