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Hermes and LVMH: Ready to Battle?

LVMH has been raising eyebrows since news broke that they had acquired 17.1% of Hermes’ stock.

Were they trying to circumvent traditional business tactics with a covert intention of buying out and taking control of Hermes?

After all, Hermes requires anyone who buys over 15% of their share capital to make a statement of intent.

LVMH…

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