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LVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle. Bernard Arnault confirmed he bought a small stake in Cartier owner Richemont, as the chief executive officer of rival luxury conglomerate LVMH .
LVMH chairman and CEO Bernard Arnault has reportedly built a small personal stake in Swiss luxury company (and LVMH rival) Richemont, .
ZURICH, June 25 (Reuters) - French billionaire Bernard Arnault, Europe's richest man and the chairman of high fashion to champagne group LVMH (LVMH.PA), has bought a stake in smaller luxury. Rumors are swirling of a major luxury takeover. According to a report from Swiss newspaper Finanz und Wirtschaft, LVMH is looking to acquire Cartier from Richemont as a . Bernard Arnault, the billionaire founder of luxury goods group LVMH, has bought shares in Richemont, the rival Swiss-based conglomerate behind high-end jeweller Cartier. The stake is too small.
But the latest murmur is that LVMH might want to follow up its biggest deal ever — the .8 billion acquisition of Tiffany & Co. in 2021 — by going much bigger with a takeover of Richemont.(Bloomberg) - Richemont shares gained as much as 3.1% after being halted following Bloomberg reporting that LVMH's owner Bernard Arnault has built a stake in the Cartier parent company. READ: Arnault Is Said to Have .
-- LVMH Moet Hennessy Louis Vuitton's Chief Executive Bernard Arnault has built a small personal stake in Cartier owner Richemont, Bloomberg reports, citing unnamed sources. LVMH, the owner of names such as Louis Vuitton, Christian Dior, Loro Piano, Kenzo and more, is reportedly considering a takeover of Richemont, the 4th largest luxury .
LVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle. Bernard Arnault confirmed he bought a small stake in Cartier owner Richemont, as the chief executive officer of rival luxury conglomerate LVMH seeks to cool speculation about his intentions. LVMH chairman and CEO Bernard Arnault has reportedly built a small personal stake in Swiss luxury company (and LVMH rival) Richemont, which owns brands including Cartier, Van Cleef & Arpels and Chloé, as reported by Bloomberg on Tuesday. The size of Arnault’s stake is undisclosed, as is when he built it.ZURICH, June 25 (Reuters) - French billionaire Bernard Arnault, Europe's richest man and the chairman of high fashion to champagne group LVMH (LVMH.PA), has bought a stake in smaller luxury.
Rumors are swirling of a major luxury takeover. According to a report from Swiss newspaper Finanz und Wirtschaft, LVMH is looking to acquire Cartier from Richemont as a complement to Tiffany & Co, acquired in 2021. Bernard Arnault, the billionaire founder of luxury goods group LVMH, has bought shares in Richemont, the rival Swiss-based conglomerate behind high-end jeweller Cartier. The stake is too small.
But the latest murmur is that LVMH might want to follow up its biggest deal ever — the .8 billion acquisition of Tiffany & Co. in 2021 — by going much bigger with a takeover of Richemont.(Bloomberg) - Richemont shares gained as much as 3.1% after being halted following Bloomberg reporting that LVMH's owner Bernard Arnault has built a stake in the Cartier parent company. READ: Arnault Is Said to Have Bought Stake in Cartier Owner Richemont.
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-- LVMH Moet Hennessy Louis Vuitton's Chief Executive Bernard Arnault has built a small personal stake in Cartier owner Richemont, Bloomberg reports, citing unnamed sources. LVMH, the owner of names such as Louis Vuitton, Christian Dior, Loro Piano, Kenzo and more, is reportedly considering a takeover of Richemont, the 4th largest luxury group, owner of Cartier,. LVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle. Bernard Arnault confirmed he bought a small stake in Cartier owner Richemont, as the chief executive officer of rival luxury conglomerate LVMH seeks to cool speculation about his intentions.
richemont lvmh
LVMH chairman and CEO Bernard Arnault has reportedly built a small personal stake in Swiss luxury company (and LVMH rival) Richemont, which owns brands including Cartier, Van Cleef & Arpels and Chloé, as reported by Bloomberg on Tuesday. The size of Arnault’s stake is undisclosed, as is when he built it.ZURICH, June 25 (Reuters) - French billionaire Bernard Arnault, Europe's richest man and the chairman of high fashion to champagne group LVMH (LVMH.PA), has bought a stake in smaller luxury. Rumors are swirling of a major luxury takeover. According to a report from Swiss newspaper Finanz und Wirtschaft, LVMH is looking to acquire Cartier from Richemont as a complement to Tiffany & Co, acquired in 2021.
Bernard Arnault, the billionaire founder of luxury goods group LVMH, has bought shares in Richemont, the rival Swiss-based conglomerate behind high-end jeweller Cartier. The stake is too small.
But the latest murmur is that LVMH might want to follow up its biggest deal ever — the .8 billion acquisition of Tiffany & Co. in 2021 — by going much bigger with a takeover of Richemont.(Bloomberg) - Richemont shares gained as much as 3.1% after being halted following Bloomberg reporting that LVMH's owner Bernard Arnault has built a stake in the Cartier parent company. READ: Arnault Is Said to Have Bought Stake in Cartier Owner Richemont.
-- LVMH Moet Hennessy Louis Vuitton's Chief Executive Bernard Arnault has built a small personal stake in Cartier owner Richemont, Bloomberg reports, citing unnamed sources.
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