Kering, a leading player in the global luxury sector, has inked a deal with Mayhoola, an investment entity controlled by Qatari Mayhoola for Investments, to acquire a 30% stake in luxury fashion brand Valentino. The cash consideration for this transaction stands at €1.7 billion. The partnership also provides Kering with an option to purchase the […]
Kering Beauté, a French luxury group, has inked an agreement to acquire all shares of luxury fragrance house Creed, currently under the control of BlackRock Long Term Private Capital Europe and Chairman Javier Ferrán. Established in 1760 by James Henry Creed, the House of Creed stands as a major independent player in the global high-end […]
