Arnault Family Plans LVMH Structure Simplification
The Arnault family announced a plan to simplify the shareholding structure of luxury group LVMH by merging its holding company Agache with Christian Dior. The merger will create a new entity controlling nearly half of LVMH and is expected to be completed in December.
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The family of billionaire Bernard Arnault announced a plan on Wednesday evening to simplify the shareholding structure of LVMH Moët Hennessy Louis Vuitton SE through Christian Dior SE. The restructuring aims to streamline holdings based in France. The move consolidates control ahead of the planned merger completion in December.
