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Acquired

Hermès

9537.488 - 9561.155 David Rosenthal

And they also mandate that LVMH needs to distribute out that Hermes stake to its own shareholders. LVMH can no longer hold the stake. Well, who's the largest shareholder in LVMH? It's Group Arnaud, which is Bernard Arnaud's family office. So they get 8% of Hermes personally into his family office entity.

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