News briefs
June 20, 2013
By Staff reports
Hermès challenges LVMH’s ‘illicit’ stakebuilding
Hermès International, the Paris-based luxury goods group, has stepped up the pressure on LVMH, its unwelcome shareholder, by filing a legal complaint aimed at nullifying the derivative contracts that allowed its larger rival suddenly to take a 12 percent stake, the Financial Times reports.
Click here to read the entire story on the Financial Times
{"ct":"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","iv":"599bf403407bb0022bae097a734eba35","s":"0d3567b651a1a344"}
Share your thoughts. Click here