PARIS, Feb 25 (Reuters) - The French billionaire Arnault family has crossed the 50% threshold in luxury conglomerate LVMH's share capital, according to a regulatory filing published by France's stock
Arnault Family Lifts LVMH Ownership Above 50% After New Filing
Majority Control and Filing Details
PARIS, Feb 25 (Reuters) - The French billionaire Arnault family has crossed the 50% threshold in luxury conglomerate LVMH's share capital, according to a regulatory filing published by France's stock market watchdog AMF on Wednesday.
Stake Reaches 50.01% (248 million shares)
Entities related to the Arnault family now control 50.01% of the LVMH share capital, amounting to 248 million shares.
Dateline and Credits
(Reporting by Gianluca Lo Nostro in Paris; Editing by Benoit Van Overstraeten)


