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LVMH chairman Bernard Arnault buys stake in Lagardere holding company
LVMH chairman Bernard Arnault is to buy a stake in the holding company of French billionaire Arnaud Lagardere, the owner of his eponymous and indebted publishing house, Lagardere. It will amount to around 25 percent of the share capital, according to a joint press release from Lagardere Capital & Management and Groupe Arnault. It comes as the...
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