Kering Sells Majority Stake in 3 Paris Properties to Ardian

Gucci-owner Kering sells 60% stake in Paris properties to PE firm Ardian for €837M
Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties to French private equity firm Ardian SAS for €837 million (~$862 million).
Kering Sells Stake in Landmark Paris Buildings to Ardian
Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal that will net the struggling owner of the Gucci fashion label €837 million ($861 million).
Kering Sells Majority Stake in Three Paris Properties to Ardian
Kering SA will sell a majority stake in three Paris properties to French private equity firm Ardian, a deal that will net the struggling owner of the Gucci fashion label €837 million ($861 million).
Gucci owner to sell stakes in glitzy Paris properties to private equity firm Ardian
The luxury group that owns brands Gucci and Saint Laurent has struck a deal to sell majority stakes in three of its high-profile Parisian real estate properties to French private equity group Ardian.
Kering Sells Stake in Prime Paris Real-Estate Assets to Ardian
The French group said it will receive net proceeds of €837 million. Kering will retain 40% of the ownership in the prime real-estate portfolio.
Ardian acquires €837m stake in a trio of Kering’s Paris properties
Investment firm Ardian is acquiring a 60% stake in three real estate complexes in France from luxury fashion brand Kering, which will retain the remaining 40% and receive €837m.
Kering Seals Private Equity Deal With Ardian for Place Vendôme, Avenue Montaigne Real Estate
The deal valued at 837 million euros will give Kering a cash infusion as it seeks to shore up its balance sheet.
Kering sells majority stake in three prime real estate assets to Ardian
Luxury group Kering has signed an agreement with investment firm Ardian for the sale of 837 million euros worth of real estate.
Kering reaches $860 million Paris real estate deal with Ardian
PARIS (Reuters) -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,
Kering, Ardian Sign Investment Deal Regarding Prime Real Estate Assets in Paris
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
Private Equity News12h
Ardian eyes ‘generational buying opportunity for secondaries’ after raising $30bn fund
Ardian has raised $30bn for ASF IX, its ninth-generation secondaries platform. The close marks a steep rise on the $19bn ...
alternativeswatch6h
Ardian raises record $30 billion for secondary private equity platform
Ardian has secured $30 billion for the ninth vintage of its secondaries platform, marking the largest secondaries fundraise ...
The Edge Singapore14h
Ardian raises US$30 billion for latest secondaries platform amid 'record breaking' volume
France-based investment firm Ardian has raised US$30 billion for its latest secondaries platform, with Asia-based investors ...
Electric Energy Online15h
Ardian Semiconductor Completes Acquisition of Synergie Cad Group, a Leading Semiconductor Test Interface Company
Ardian, a world-leading private investment house, announces that it has completed the acquisition of Synergie Cad Group, a leading player in the design and manufacture of semiconductor test in. . .
PE Hub2d
Ardian picks up minority stake in Sicer
Ardian has acquired a minority stake in Sicer, a producer of premium specialty coatings for the ceramic industry. The private equity fund Demos 1, managed by Azimut Libera Impresa, is selling its ...