text: Pinault-Printemps Redoute to sell holding in Rexel LONDON, November 30 (newratings.com) - Pinault-Printemps Redoute SA (PPX.FSE) plans to sell its controlling stake in the electrical parts distributor, Rexel (RXL), to a group of private firms for 1.92 billion (\$2.55 billion).