Kering Confirms entry into exclusive negotiations concerning the sale of the La Redoute and Relai Colis unit
- Considering four offers
- Management has taken the decision to enter into exclusive negotiations with Nathalie Balla, current chairman and CEO of La Redoute, who joined it in 2009, and Eric Courteille, Chief administrative officer of Redcats since 2009. They have presented a takeover plan for La Redoute and Relais Colis, supported by a team of managers from these companies.
- Under the terms of the negotiation offer, the buyers would create a new entity and would invest in it in a personal capacity. This body would be co-chaired by Mrs Balla and Mr Courteille, who would jointly have the majority shareholding, the remainder of the capital being held by a team of managers. This company would acquire all the shares of La Redoute, Redoute International and Relais Colis.
- Management has taken the decision to enter into exclusive negotiations with Nathalie Balla, current chairman and CEO of La Redoute, who joined it in 2009, and Eric Courteille, Chief administrative officer of Redcats since 2009. They have presented a takeover plan for La Redoute and Relais Colis, supported by a team of managers from these companies.
- Under the terms of the negotiation offer, the buyers would create a new entity and would invest in it in a personal capacity. This body would be co-chaired by Mrs Balla and Mr Courteille, who would jointly have the majority shareholding, the remainder of the capital being held by a team of managers. This company would acquire all the shares of La Redoute, Redoute International and Relais Colis.