AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Kering

M&A Activity Dec 17, 2012

1459_iss_2012-12-17_ff7c563f-f037-4444-b438-4191ff2785ae.pdf

M&A Activity

Open in Viewer

Opens in native device viewer

COMMUNIQUÉ DE PRESSE/ PRESS RELEASE

Paris, le 17 décembre 2012 / Paris, 17 December 2012

Finalisation de la cession des activités Sports & Loisirs de Redcats USA

PPR annonce que Redcats a procédé au transfert des titres de The Sportsman's Guide et The Golf Warehouse à Northern Tool + Equipment (NTE). Le montant de la transaction a été encaissé selon les termes annoncés le 8 novembre 2012.

***

Closing of the sale of the Sports & Leisure activities of Redcats USA

PPR announces that Redcats has transferred the shares of The Sportsman's Guide and The Golf Warehouse to Northern Tool + Equipment (NTE). The payment of the transaction was received under the terms announced on 8 November 2012.

A propos de PPR

Le Groupe PPR développe le potentiel de croissance d'un ensemble cohérent de très grandes marques de Luxe et de Sport & Lifestyle spécialisées dans l'habillement et les accessoires. Présent dans plus de 120 pays, PPR a réalisé en 2011 un chiffre d'affaires de 12,2 milliards d'euros et rassemblait près de 47 000 collaborateurs au 31 décembre. L'action PPR est cotée à Euronext Paris (FR 0000121485, PRTP.PA, PPFP).

Retrouvez Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux, JeanRichard, Puma, Volcom, Cobra, Electric, Tretorn et Fnac sur ppr.com.

About PPR

The PPR Group empowers a coherent ensemble of Luxury and Sport & Lifestyle premium brands, specializing in apparel and accessories, to reach their full growth potential. Distributed in more than 120 countries, PPR generated revenues of €12.2 billion in 2011 and had over 47,000 employees at year end. The PPR share is listed on Euronext Paris (FR 0000121485, PRTP.PA, PPFP).

Find out more on Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux, JeanRichard, Puma, Volcom, Cobra, Electric, Tretorn and Fnac at www.ppr.com.

PPR Contacts

Press : Paul Michon +33 (0)1 45 64 63 48 [email protected]
Hélène Saint-Raymond +33 (0)1 45 64 61 20 [email protected]
Analysts/investors: Alexandre de Brettes +33 (0)1 45 64 61 49 rarrgvhn,j,,,rrrrrayrrrrrrrrr
[email protected]
Edouard Crowley +33 (0)1 45 64 63 28 aymondraymond@ppr;co
[email protected]

Website: www.ppr.com

Talk to a Data Expert

Have a question? We'll get back to you promptly.