FRANCE: LVMH increases Hermès stake to 20%

By just-drinks.com editorial team | 24 December 2010

French luxury goods giant LVMH Moët Hennessy Louis Vuitton has upped its stake in rival Hermès International, although Hermès family shareholders remain determined to block any possible takeover attempt.

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French luxury goods giant LVMH Moët Hennessy Louis Vuitton has upped its stake in rival Hermès International, although Hermès family shareholders remain determined to block any possible takeover attempt.

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