Kering chairman: acquisitions could make sense in the near future

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Published: Feb 17, 2022, 08:52 UTC

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)

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