LVMH Stake in Hermès inquired by France

The chief of the French market stock-market regulator, Jean-Pierre Jouyet, expressed on Friday the rules leading mergers and attainment in France aren't severe enough and his office thinks to examine LVMH Moet Hennessy Louis Vuitton's increasing up of a 17.1% stake in Hermes International.

Very frequent France stays the far west as it comes to firms attaining additional companies or giving ownership thresholds as expressed out by the head of the Autorité des marchés financiers, or AMF.

He further expressed that France requires supporting its rules with the toughness.

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