![French luxury group Pinault-Printemps-Redoute's (PPR) chairman Francois-Henri Pinault is pictured prior to a press conference in Nuremberg, Germany, Thursday 12 April 2007. PPR, owner of the Gucci and Yves Saint Laurent fashion French luxury group Pinault-Printemps-Redoute's (PPR) chairman Francois-Henri Pinault is pictured prior to a press conference in Nuremberg, Germany, Thursday 12 April 2007. PPR, owner of the Gucci and Yves Saint Laurent fashion](https://c8.alamy.com/comp/T4C5M9/french-luxury-group-pinault-printemps-redoutes-ppr-chairman-francois-henri-pinault-is-pictured-prior-to-a-press-conference-in-nuremberg-germany-thursday-12-april-2007-ppr-owner-of-the-gucci-and-yves-saint-laurent-fashion-brands-said-last-tuesday-it-plans-to-make-a-takeover-offer-for-puma-after-agreeing-to-buy-a-271-per-cent-stake-in-the-german-sportswear-manufacturer-however-many-shareholders-resisted-at-yesterdays-general-meeting-to-accept-pprs-offer-to-buy-the-remaining-outstanding-shares-for-330-euros-per-share-photo-daniel-karmann-usage-worldwide-T4C5M9.jpg)
French luxury group Pinault-Printemps-Redoute's (PPR) chairman Francois-Henri Pinault is pictured prior to a press conference in Nuremberg, Germany, Thursday 12 April 2007. PPR, owner of the Gucci and Yves Saint Laurent fashion
![Francois-Henri Pinault, Chairman and Chief Executive of French luxury goods PPR Group, left, and Jochen Zeitz, CEO of German sports goods maker Puma, right, talk prior to a news conference in Nuremberg, Francois-Henri Pinault, Chairman and Chief Executive of French luxury goods PPR Group, left, and Jochen Zeitz, CEO of German sports goods maker Puma, right, talk prior to a news conference in Nuremberg,](https://c8.alamy.com/comp/2PBMPA7/francois-henri-pinault-chairman-and-chief-executive-of-french-luxury-goods-ppr-group-left-and-jochen-zeitz-ceo-of-german-sports-goods-maker-puma-right-talk-prior-to-a-news-conference-in-nuremberg-southern-germany-thursday-april-12-2007-ppr-which-owns-the-gucci-and-yves-saint-laurent-brands-said-tuesday-it-was-buying-a-271-percent-stake-in-puma-and-planned-to-make-a-friendly-takeover-bid-valuing-the-german-company-at-euro-53-billionus711-billion-ap-photochristof-stache-2PBMPA7.jpg)
Francois-Henri Pinault, Chairman and Chief Executive of French luxury goods PPR Group, left, and Jochen Zeitz, CEO of German sports goods maker Puma, right, talk prior to a news conference in Nuremberg,
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