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Business

Kering's billionaire founder Francois Pinault to buy streaming platform

Kering founder François Pinault and two other founders of Paris-based I2PO are buying music-streaming platform Deezer for 1.075 billion euros. According to a Bloomberg report the entity will raise at least 120 million euros, with the aim to go public after a previous attempt in 2015. Deezer, a French online music streaming service, was founded...

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Culture

Kering founder to open Paris contemporary art museum

The Paris Bourse de Commerce, a beguiling 16th century rotund monument in pedestrian-heavy Chatelet on the right bank, has been repurposed into a contemporary art museum owned by Kering founder François Pinault. The luxury goods group, which is parent company to Gucci and Bottega Veneta, has long been a patron of the arts, owning two further...

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Culture

François Pinault, founder of Kering, to open Paris art museum

François Pinault, founder of luxury group Kering, is to open a new contemporary art museum in Paris to house his vast art collection and open a space to presenting new exhibitions and projects open to every artistic discipline. The 150 million euro museum will be housed at the Bource de Commerce in central Paris and will be Mr Pinault’s third...

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