Pinault's Group, LVMH end talks seeking Arnault's exit from Gucci

Article Abstract:

This article discusses how after two months of talks, French retail firm Pinault Printemps Redoute S.A. said it has terminated negotiations with LVMH Moet Hennessy Louis Vuitton S.A.

Brief Article

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LVMH sells stake in Gucci to Pinault for $94 a share

Article Abstract:

Pinault-Printemps-Redoute S.A. has reached a deal to acquire LVMH Moet Hennessy Louis Vuitton S.A.'s share in Gucci Group N.V. for approximately $806 million. Pinault acquired 8.6 million Gucci shares from LVMH.

Netherlands, Foreign operations, APPAREL AND OTHER TEXTILE PRODUCTS, Gucci Group N.V.

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LVMH to turn to court to seek control of Gucci

Article Abstract:

Following two failed attempts to take over the fashion company Gucci N.V., LVMH Moet Hennessy Louis Vuitton S.A. is preparing to take its case to court. Currently in possession of 34.4% of Gucci stock, the French firm has been accused of attempting an indirect takeover. Having refused two conditional offers by LVMH, Gucci now faces the legal accusation of poor financial management.

Comment:

LVMH Moet Hennessy Louis Vuitton S.A. prepares to take Gucci N.V. to court.

Italy, Abstract, Gucci N.V.

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