Wednesday, September 3, 2014

In Hermes Agreement, a Rare Retreat by a Luxury Deal-Maker by CAROL RYAN



By CAROL RYAN


Bernard Arnault will distribute to its shareholders the stake it stealthily built up in the Birkin bags maker. But Groupe Arnault will retain 8.5 percent of its capital, suggesting it is keeping its long-term options open, writes Carol Ryan of Reuters Breakingviews.


Published: September 3, 2014 at 4:00AM


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