PPR Making $7.1B Offer for Puma
Posted on April 10, 2007 at 12:51 PM EDT
PPR SA, the French luxury goods maker behind the Gucci and Yves Saint Laurent brands, said Tuesday it is buying a 27.1 percent stake in Puma AG and plans to make an offer for the rest in a deal that values the world's third-largest sporting goods maker at $...