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LVMH May Bid for Shoemaker Jimmy Choo, Sunday Times Reports

LVMH Moet Hennessy Louis Vuitton SA is considering a bid for footwear company Jimmy Choo, the Sunday Times reported.

The shoe brand, founded by Tamara Mellon, could be sold for as much as 500 million pounds ($804 million), the newspaper reported, without saying where it got its information. The private equity company Towerbrook hired Goldman Sachs Group Inc. and Morgan Stanley to sell Jimmy Choo, the paper said.

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