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LVMH to buy Italian jeweler Bulgari
A woman looks at a Bulgari shop window in Rome's fashion district,[url=http://www.sport.fr/economie/airmax.html]chaussure air max[/url], Monday, March 7, 2011. French fashion colossus LVMH Moet Hennessy Louis Vuitton is adding another jewel to its crown. The Parisbased holding company behind luxury Christian Dior gowns, Dom Perignon champagne and Guerlain perfume has agreed to buy Romebased jeweler Bulgari SpA in a cashandshares deal worth euro 4.3 billion ($6 billion). The deal will see Bulgari's founding family become the second largest family shareholders in LVMH behind that of Chief Executive Bernard Arnault.
(AP Photo/Pier Paolo Cito)
The Parisbased holding company behind luxury brands Christian Dior gowns, Dom Perignon champagne and Guerlain perfume has agreed to buy Romebased jeweler Bulgari SpA in a cashandshares deal worth euro4.3 billion ($6 billion). The deal will see Bulgari's founding family become the second largest family shareholders in LVMH behind that of Chief Executive Bernard Arnault.