On October 23, the French Competition Authority gave its unconditional approval to the takeover of Petit Bateau by American investor Michael A. Reinstein, founder of the Regent L.P. fund, formalising a strategic transaction first announced at the end of September.

On September 30, 2025, Michael A. Reinstein notified the French Competition Authority of his plan to acquire sole control of the iconic French brand, previously owned by Rocher Participations, the holding company of the Rocher Group. Following its review, the regulator found that the transaction was not likely to harm competition, citing limited market shares in the affected markets and a low degree of competitive overlap between Regent’s portfolio brands and those of Petit Bateau.

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