Bertelsmann joins havas to buy Spanish publishing firm Doyma

Article Abstract:

Ediciones Doyma SA, a medical publishing group based in Barcelona, Spain, is being acquired by both Havas SA of France and Bertelsmann AG of Germany. Havas and Bertelsmann will each hold a 50% interest in Doyma, with Havas having management control. Doyma, which posted sales of $34.6 million in 1997, is the publisher of 69 medical magazines and journals. It is the leader in its area in Spain, and has a presence in such Latin American markets as Mexico, Brazil and Argentina. The acquisition of Doyma gives Bertelsmann and Havas a strong presence in the Spanish medical publishing market.

Comment:

With Havas SA of France, is acquiring medical publishing group Doyma SA

Germany, Periodical Publishers, Spain, Book Publishing, Book Publishers, Parent-to-subsidiary activities, Medical Periodicals, Publishing industry, Bertelsmann AG, Medical journals, Article, Ediciones Doyma SA, Havas SA

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LVMH denies intentions to launch bid for Gucci

Article Abstract:

French luxury leather goods giant LVMH Moet Hennessy Louis Vutton S.A., reports that it is not making an acquisition offer for Italian luxury goods company Gucci Group N.V., although it recently increased its holding in Gucci's stock. LVMH Moet Hennessy currently holds 14.8% of Gucci's stock.

Comment:

Luxury leather goods giant LVMH Moet Hennessy Louis Vuitton has no plans to buy Gucci Group.

LEATHER AND LEATHER PRODUCTS, Leather & Products, Leather and Allied Product Manufacturing, Planning, Mergers, acquisitions and divestments, Acquisitions and mergers, Gucci Group N.V., LVMH Moet Hennessy Louis Vuitton S.A., Leather industry, Leather goods

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