A Raider Rides Into France

Pinault's bid for Worms marks the rise of Anglo-style hostile deals

When Francois Pinault met his friend, intellectual Bernard-Henri Levy, at Paris' Cafe de Flore for breakfast on Sept. 20, he didn't even mention the $5 billion hostile takeover he had launched the day before. Instead, Pinault, the 61-year-old entrepreneur gunning for French conglomerate Worms, chatted about modern art.

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