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Exclusive: Kering evaluating Puma options including spin to shareholders - sources

Reuters  |  FRANKFURT/LONDON 

By Schuetze and Barbaglia

FRANKFURT/(Reuters) - French luxury goods group is evaluating options for its German sports goods brand Puma, including a spin-of to its own shareholders, two people close to the matter said.

"A is the preferred solution," one of the people said, adding that the move may come very soon. "They are in active talks."

is working with an on the deal, the person said, while another source said that a has long been discussed by

Kering, which is controlled by the French family, owns 85 percent of

A spin-would see this stake distributed among Kering's shareholders, giving the family a direct stake in the sporting goods company.

and Artemis - the family's investment vehicle - did not respond to request for comment, while declined to comment.

(Additional reporting by Alexander Hübner and Sarah White, editing by Emma Thomasson)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 11 2018. 22:18 IST
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