Showing posts with label Association for the Defense of Minority Shareholders. Show all posts
Showing posts with label Association for the Defense of Minority Shareholders. Show all posts
Friday, January 7, 2011
Hermès Wins a Battle Against Possible LVMH Takeover
The French stock market regulator said Thursday that family members who control the majority stake of Hermès can keep control of the company by pooling their shares into a separate holding company and not have to buy outside shares, according to media reports.
This is being interpreted as a victory for the family members of the Parisian luxury house, who own more than 73 percent of company
Hermès Wins a Battle Against Possible LVMH Takeover
The French stock market regulator said Thursday that family members who control the majority stake of Hermès can keep control of the company by pooling their shares into a separate holding company and not have to buy outside shares, according to media reports.
This is being interpreted as a victory for the family members of the Parisian luxury house, who own more than 73 percent of company
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