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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.
5 {4 z% `! c# O/ \, IAs a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.
: V: Q/ |6 E* {2 A) s9 UParis-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.
- a! I+ `2 i" m, ?7 Q% yMr. De Sole came out of the struggle with a $3-billion acquisition war chest and big plans for Gucci. Analysts said buying Christian Louboutin would help deplete that cash reserve and assist Mr. De Sole in building a genuinely global rival to world-leader LVMH.: Q8 M) b6 E9 v( f* r
In related news, shares in classic British shoemaker Church & Co. yesterday continued to hover at about 1,005 pence, well above a recent 950p a share buyout offer by Prada, reflecting speculation about a possible rival bid.
e( n2 @: o6 A- K" ^; y/ Y" I. \- ^Italian leather goods group Diego Della Valle, seen as a potential rival to Prada, disclosed recently that it had amassed a 9.5% stake in Church.
; P! \2 u1 A+ OReflecting in part the high level of merger and acquisition speculation in the industry, as well as a fundamental re-covery in Asia, the Morgan Stanley luxury goods index was up 65% year-to-date earlier this week, crushing broader stock market indices.
* M( s8 G' x2 [& \$ P/ t& T相关的主题文章:5 p8 O, v+ `2 A- ~* Q6 k4 }
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5 S+ H/ {+ @$ k+ ~0 I Giancarlo Di Risio, president of LVMH Moet Henness# i7 U( o% M2 F8 a$ _2 Z3 z# ^+ Z7 u
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' B; M6 a6 s* A: t; H$ v Mr. Toledano said he planned to expand further into retail lines like shoes and |
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