Reuters logo
BRIEF-LVMH files public offer regarding taking full control of Christian Dior
May 23, 2017 / 5:56 AM / 7 months ago

BRIEF-LVMH files public offer regarding taking full control of Christian Dior

PARIS, May 23 (Reuters) - LVMH:

* Arnault family company’s Semyrhamis filed with the French AMF on May 22 the simplified mixed offer for all Christian Dior shares not currently held by the Arnault Family Group

* The board of directors of Christian Dior unanimously recommendeded that Christian Dior shareholders tender their shares to the offer

* French billionaire Bernard Arnault had earlier announced plans to combine the Christian Dior fashion brand with his LVMH luxury goods empire as part of a 12 billion euro ($13 billion) move to simplify his business interests - a restructuring long demanded by other investors.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below