The Arnault family protects LVMH from hostile OPAs

The Arnault family protects LVMH from hostile OPAs

A simple move that transforms Agache, the family’s holding, into a limited partnership company. That’s how Bernard Arnault protects LVMH from hostile OPAs and governance shakeups. The 73 years old president and CEO (in photo), who in March guaranteed a change to the company’s bylaws to ensure he can stay in position until the age of 80,…

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