Kering chairman: acquisitions could make sense in the near future

By:

Published: Feb 17, 2022, 08:52 GMT+00:00

PARIS (Reuters) - Kering's boss said on Thursday acquisitions could make sense in the near future for the group, the strongest indication to date that the luxury giant could move further into M&A.

PARIS (Reuters) – Kering’s boss said on Thursday acquisitions could make sense in the near future for the group, the strongest indication to date that the luxury giant could move further into M&A.

“For sure, acquisitions could make sense in the near future for the group,” Kering chairman and CEO François-Henri Pinault told analysts in a conference call after results, adding the group’s balance sheet was very healthy.

(Reporting by Silvia Aloisi, editing by Mimosa Spencer)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: