The sportswear company, PUMA, will acquire 100 per cent of its long-term Chinese joint venture - Liberty China Holding Ltd - with effect from January 1, 2011. This will give the company full control of its business activities in...
PPR SA, which owns the Gucci and Yves Saint Laurent fashion brands, will take over Puma, the world's third-largest sports goods company, in a friendly takeover valuing the German group at US$7.1 billion (€5.3bn). The French luxury group said...