LVMH: simplification project with Christian Dior.

(CercleFinance.com) - The family group Arnault, Christian Dior and LVMH have announced a strategic project aimed at simplifying the structures of the Christian Dior-LVMH group, with the consolidation of the entire Dior brand at LVMH.


This project provides for a simplified public offering of the Arnault family group on the Christian Dior shares that it does not currently hold, comprising a principal mixed branch remunerated in the form of 172 euros in cash and 0.192 Hermès International shares for each Christian Dior share.

This main offer is accompanied by two subsidiary bids, respectively in cash and Hermès International shares.

It also includes the strengthening of the fashion and leather goods division of the LVMH group by the acquisition of Christian Dior Couture at Christian Dior for an enterprise value of 6.5 billion euros.

Copyright (c) 2017 CercleFinance.com. All rights reserved.