LVMH and Hermès bury the hatchet in long-running dispute
04/09/2014
Luxury group LVMH and leather brand Hermes have buried the hatchet in a long-running dispute that started when LVMH was exposed as secretly buying shares in its rival via equity swaps. The two parties having signed an agreement under which the LVMH Group will distribute all its Hermès shares to its shareholders, on the understanding that LVMH’s...
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