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But Franca, according to reports, favours privately owned Texas Pacific because it has promised that her two chil-dren will keep their jobs with the company if it is taken over.3 W+ g6 V% u6 d8 W7 L4 j. ]! p6 n+ N
As a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.
. o. V5 ? l) [: G* ]; U5 U- wParis-based LVMH's Mr. Arnault earlier this year fought a bitter takeover battle for Gucci with Mr. De Sole. In the midst of that battle, Prada's Mr. Bertelli agreed to sell his Gucci stake, at a nice profit,christian louboutin shoes, to Mr. Arnault. But Mr. De Sole won the day with a bold white knight deal with Pinault-Printemps-Redoute.
* [6 m5 |8 E+ P* m& f) Y( a' oMr. De Sole came out of the struggle with a $3-billion acquisition war chest and big plans for Gucci. Analysts said buying Christian Louboutin would help deplete that cash reserve and assist Mr. De Sole in building a genuinely global rival to world-leader LVMH.) j. t7 I- L5 V
In related news, shares in classic British shoemaker Church & Co. yesterday continued to hover at about 1,005 pence, well above a recent 950p a share buyout offer by Prada, reflecting speculation about a possible rival bid.
5 I$ w8 e- A$ I$ K T4 W0 N3 KItalian leather goods group Diego Della Valle, seen as a potential rival to Prada, disclosed recently that it had amassed a 9.5% stake in Church.
$ P* B5 @: y, i+ NReflecting in part the high level of merger and acquisition speculation in the industry, as well as a fundamental re-covery in Asia, the Morgan Stanley luxury goods index was up 65% year-to-date earlier this week, crushing broader stock market indices.
9 S% ?3 q! w5 A7 ~) G2 d: \4 D/ U相关的主题文章:
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5 n# @. X1 d3 c' P+ O Giancarlo Di Risio, president of LVMH Moet Henness* s8 M3 e _! O( m, b7 X. z& |
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is it appropriate& X( ^! ?9 [; l# `5 Z
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Mr. Toledano said he planned to expand further into retail lines like shoes and |
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