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Arnault Tightens Grip on LVMH as His Stake Crosses the 50% Mark

Now the Arnault family also has over 65 percent of LVMH’s voting rights.
Bernard Arnault, chief executive of LVMH.
The Arnault clan has capitalised on a slump in LVMH shares amid a luxury industry slowdown to accumulate a bigger stake. (Shutterstock)

French billionaire

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