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The Groupe Arnault takes about a quarter of the capital of Arnaud Lagardère’s personal holding company

The Groupe Arnault takes about a quarter of the capital of Arnaud Lagardère’s personal holding company

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Following a capital increase and share purchases, Groupe Arnault, the holding company of Bernard Arnault (majority shareholder of the LVMH group) is taking “about a quarter” of the capital of Arnaud Lagardère’s personal holding company, the two parties announced on Monday.

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Lagardère Capital & Managment (LC&M) now owns Arnaud Lagardère’s 7.26 % stake in the group, which also owns Hachette, Europe 1 and Paris Match.

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Featured photo : Bernard Arnault © Wikipédia

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