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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. Richemont is having a moment. The Swiss conglomerate is beating LVMH at its own luxury game thanks to big jewelry brands like Cartier . 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. LVMH chairman and CEO Bernard Arnault has reportedly built a small personal stake in Swiss luxury company (and LVMH rival) Richemont, .
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.
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(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 . It’s been reported that LVMH is looking to acquire Richemont. The Switzerland-based luxury goods holding company is parent to Cartier, Chloé, Montblanc, IWC, A. Lange & .
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Provided by Dow Jones. -- LVMH Moet Hennessy Louis Vuitton's Chief Executive Bernard Arnault has built a small personal stake in Cartier owner Richemont, Bloomberg . According to a report from the Swiss newspaper Finanz und Wirtschaft, LVMH is eyeing a takeover of competitor Richemont. If that’s not possible, LVMH wants to acquire Cartier from Richemont, as a complement to .
Cartier, made famous by the sisters’ jangling Love Bangles, is in the sights of LVMH Moet Hennessy Louis Vuitton SE, according to Swiss paper Finanz und Wirtschaft. There are “whispers” in the. LVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle. Richemont is having a moment. The Swiss conglomerate is beating LVMH at its own luxury game thanks to big jewelry brands like Cartier and Van Cleef.
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. 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. 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.
It’s been reported that LVMH is looking to acquire Richemont. The Switzerland-based luxury goods holding company is parent to Cartier, Chloé, Montblanc, IWC, A. Lange & Söhne, Van Cleef & Arpels, Jaeger-LeCoultre, Panerai, Piaget and Vacheron Constantin in addition to retail platforms under YOOX Net-a-Porter Group.
Provided by Dow Jones. -- LVMH Moet Hennessy Louis Vuitton's Chief Executive Bernard Arnault has built a small personal stake in Cartier owner Richemont, Bloomberg reports, citing unnamed.
According to a report from the Swiss newspaper Finanz und Wirtschaft, LVMH is eyeing a takeover of competitor Richemont. If that’s not possible, LVMH wants to acquire Cartier from Richemont, as a complement to Tiffany & Co. which it bought in 2021, per the story. Cartier, made famous by the sisters’ jangling Love Bangles, is in the sights of LVMH Moet Hennessy Louis Vuitton SE, according to Swiss paper Finanz und Wirtschaft. There are “whispers” in the. LVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle. Richemont is having a moment. The Swiss conglomerate is beating LVMH at its own luxury game thanks to big jewelry brands like Cartier and Van Cleef.
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.
richemont lvmh vs kering
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.
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. It’s been reported that LVMH is looking to acquire Richemont. The Switzerland-based luxury goods holding company is parent to Cartier, Chloé, Montblanc, IWC, A. Lange & Söhne, Van Cleef & Arpels, Jaeger-LeCoultre, Panerai, Piaget and Vacheron Constantin in addition to retail platforms under YOOX Net-a-Porter Group.
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Provided by Dow Jones. -- LVMH Moet Hennessy Louis Vuitton's Chief Executive Bernard Arnault has built a small personal stake in Cartier owner Richemont, Bloomberg reports, citing unnamed.
According to a report from the Swiss newspaper Finanz und Wirtschaft, LVMH is eyeing a takeover of competitor Richemont. If that’s not possible, LVMH wants to acquire Cartier from Richemont, as a complement to Tiffany & Co. which it bought in 2021, per the story.
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