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Business|UPDATE

Arnault Group files 12.6 billion USD offer for Christian Dior

LVMH is one step closer to owning all of luxury fashion house Christian Dior. Semyrhamis, the holding company from the Arnault family group, officially filed its simplified mixed offer for the outstanding shares it does not already own in Christian Dior with the French financial market authority. The move is in line with the plan announced by...

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BusinessFeatured

LVMH to take over Christian Dior Couture for 6.5 billion euros

​ London - One of the biggest deals within the fashion industry is set to take place this year as luxury giant LVMH announced plans to buy fashion house Christian Dior for a 12.1 billion euros (10 billion pounds) and Christian Dior Couture for 6.5 billion euros (5.52 billion pounds). The deal, announced Tuesday morning, sees the Arnault family...

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