Kering and Mayhoola have amended their shareholders’ agreement for Valentino, postponing Mayhoola’s put options to sell its remaining 70 per cent stake to Kering to 2028 and 2029, respectively.
Kering’s call option is also deferred to 2029.
The ownership structure will stay unchanged until at least 2028.
Both parties reaffirm commitment to Valentino’s long-term growth under CEO Riccardo Bellini.Kering and Mayhoola have amended their shareholders’ agreement for Valentino, postponing Mayhoola’s put options to sell its remaining 70 per cent stake to Kering to 2028 and 2029, respectively.
Kering’s call option is also deferred to 2029.
The ownership structure will stay unchanged until at least 2028.
Both parties reaffirm commitment to Valentino’s long-term growth under CEO Riccardo Bellini.
France’s Kering & Mayhoola reaffirm long-term Valentino partnership
