(Boursier.com) — Kering denies any interest in British department store chain Selfridges. While ‘The Telegrap’ reported over the weekend that the luxury group and the Saudi Public Investment Fund (PIF) were interested in taking over Austrian real estate company Signa’s stake in Selfridges, Kering qualified the information as of “totally unfounded” in a statement sent to the ‘Agefi-Dow Jones’ agency. According to the British newspaper, Signa’s stake would be valued at around £2 billion.
©2024 Boursier.com