Arnault family plans single holding company to centralise LVMH stake; Christian Dior shares jump on offer plan

Bernard Arnault and his family plan to simplify the structure of the companies that hold LVMH Moët Hennessy Louis Vuitton SE, centralising the family's shareholding and voting rights in the luxury group in a single holding company, saying the move would "ensure the continuity of its control over" the group. Christian Dior shares jumped after the plan, which involves an offer for the family's holding vehicle.

Detected & updated continuously · Source: Nebula