PARIS — Commercial real estate firm Unibail-Rodamco said Tuesday it has agreed to sell its 7.25 percent stake in Société Fonçière Lyonnaise to Qatar Holdings LLC for 136.9 million euros, or $188.3 million at current exchange.
This corresponds to 40.60 euros, or $55.83, a share ex-dividend, it stated. The transaction will be settled Monday.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)