Cleary Gottlieb Steen & Hamilton and Sullivan & Cromwell have taken lead roles on the 1 billion euro ($1.5 billion) French initial public offering of a subsidiary of luxury goods company PPR, the holding company of brands such as Gucci and Puma. PPR is set to list its African distribution unit CFAO, marking the first significant IPO in the French market since 2007.
November 30, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Cleary Gottlieb Steen & Hamilton and Sullivan & Cromwell have taken lead roles on the 1 billion euro ($1.5 billion) French initial public offering of a subsidiary of luxury goods company PPR.
PPR, the holding company of brands such as Gucci and Puma, is set to list its African distribution unit CFAO, marking the first significant IPO in the French market since 2007.
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