Deals
Hermes’ Controlling Shareholders Plan to Meet on Stake, JDD Says
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Hermes International SCA’s controlling family shareholders will meet Dec. 3 to discuss how the family can keep control over the luxury goods maker, Le Journal du Dimanche reported, citing people it didn’t identify.
The so-called “family council,” which deliberates after the purchase of a 17 percent stake by rival LVMH Moet Hennessy Louis Vuitton SA, will discuss two scenarios that may allow the family to maintain control, the newspaper reported.