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Fashion

LVMH buys Heng Long´s leather business for $161m

LVMH Moët Hennessy - Louis Vuitton has taken majority control of Heng Long, the crocodile leather supplier owned by the Koh family. The acquisition has been valued at around S$161 million (€92 million). "Heng Long is a valued and trusted supplier of fine quality crocodilian leather to luxury and high-end fashion products manufacturers globally,...

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