The truth is that buying shares in Christian Dior is almost identical to buying shares in LVMH. They even stand at very similar prices. I suppose there is a possibility of corporate action at some unknown future date LVMH might buy up Christian Dior in a share swap to leave Arnault holding his stake in the latter directly.. For sure, nobody is going to be able to take control of LVMH away from Arnault unless he wants that to happen. The same applies to many of the quoted luxury goods groups like Hermes, were Arnault tried and failed in the face of family opposition, and Brunello Cucinelli, which is controlled by the eponymous founder and long may that continue.
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