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For your information, you can find below the description of the video Pinault Family Could be putting Puma up for Sale published by the Youtube channel Bloomberg Television:
The Pinault family has reached out to potential buyers of Puma SE after the German sports brand lost about half of its market value in the past year, according to people familiar with the matter.
The billionaire family, which owns a 29% stake in Frankfurt-listed Puma through Artémis, is working with advisers, possibly with a view to triggering a sale of the company, the people said, asking not to be identified because the deliberations are private.
They have reached out to prospective bidders including Anta Sports Products Ltd. and Li Ning Co. to gauge interest in buying Puma, the people said, adding they have also sounded out other sportswear firms in the US, as well as sovereign wealth funds in the Middle East.
Bloomberg's Poonam Goyal reports
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