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Arnault Snaps Up LVMH Shares After Vowing to Own More Than 50%

The chief executive has long sought to tighten his control over LVMH, a company he’s headed since 1989 and expanded largely through acquisitions into Europe’s second-biggest firm.
LVMH Chairman and CEO Bernard Arnault,
Arnault's latest stock-purchasing spree follows a more sustained run of buying over eight months last year when he also bought the dip. (Courtesy)

The day after French billionaire

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