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LVMH rumoured to be eyeing Burberry

26/02/2013

The share price of UK-based fashion house Burberry increased on Friday after analysts from Berenberg Bank suggested it could be in the sights of rival luxury group LVMH. They said: “This is not the first time we have advocated that LVMH should acquire Burberry. Given the margin pressure faced by LVMH across several divisions, we believe that a...

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