LVMH adds €4.3bn Bulgari jewel to its crown of luxury designer brands

FRENCH fashion colossus LVMH Moet Hennessy Louis Vuitton is adding another jewel to its crown.

LVMH adds €4.3bn Bulgari jewel to its crown of luxury designer brands
Tue, 08 Mar, 2011 - 00:00

The Paris-based holding company behind luxury brands Christian Dior gowns, Dom Perignon champagne and Guerlain perfume, has agreed tobuy Rome-based jeweller Bulgari in a cash and shares deal worth €4.3 billion.

The deal will see Bulgari’s founding family become the second largest family shareholders in LVMH behind that of chief executive Bernard Arnault.

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CourtsPlace: ParisPlace: RomePlace: FrancePerson: Bernard ArnaultPerson: ArnaultPerson: Elizabeth TaylorPerson: Richard BurtonPerson: Keira KnightleyPerson: BulgariPerson: Sotirios BulgariEvent: OscarsOrganisation: LVMHOrganisation: BulgariOrganisation: LVMH Moet Hennessy Louis VuittonOrganisation: Christian DiorOrganisation: Dom PerignonOrganisation: Guerlain perfumeOrganisation: Tag HeuerOrganisation: Hollywood
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