Kering, the publicly traded French luxury multinational run by the Pinault family, has agreed to acquire 30% of Valentino from Mayhoola Lux.
August 02, 2023 at 10:33 AM
2 minute read
Paris Correspondent
A line-up of elite French and Italian firms has advised on a €1.7 billion cross-border deal bringing together French and Qatari interests backing a legendary Italian fashion house.
Kering, the publicly traded French luxury group run by the Pinault family, has agreed to acquire 30% of Valentino from Mayhoola Lux, a unit of the Qatari investment vehicle Mayhoola for Investments.
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