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PQ Piquadro SpA

2.10
-0.02 (-0.94%)
Last Updated: 09:27:09
Delayed by 15 minutes
Share Name Share Symbol Market Type
Piquadro SpA BIT:PQ Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -0.94% 2.10 2.10 2.14 2.11 2.09 2.11 3,000 09:27:09

Richemont in Talks to Sell Leather-Goods Brand Lancel to Piquadro

13/03/2018 10:14am

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Piquadro (BIT:PQ)
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   By Euan Conley 
 

Swiss luxury goods conglomerate Compagnie Financiere Richemont SA (CFR.EB) has entered into exclusive negotiations to sell its French brand Lancel to Piquadro SpA (PQ.MI), the Italian company said on Tuesday.

Piquadro, which makes high-end brief cases and leather bags, said the deal could close in the first half of the year, subject to due diligence and a definitive agreement between the companies.

 

Write to Euan Conley at euan.conley@dowjones.com

 

(END) Dow Jones Newswires

March 13, 2018 05:59 ET (09:59 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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