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LVMH v. Gucci

This article was originally published in The Rose Sheet

Executive Summary

Dutch Securities Board grants approval to LVMH, Pinault-Pritemps-Redoute and Gucci to move forward with agreement to settle series of lawsuits filed in Amsterdam courts regarding Gucci's partnership with parent PPR. Settlement will provide minority-owner LVMH with significant capital gain while giving PPR 53.2% majority ownership (1"The Rose Sheet" Sept. 17, p. 5)

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