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Analysts said buying Christian Louboutin would help deplete that cash reserve an

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发表于 2010-8-10 20:44 | 显示全部楼层 |阅读模式
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But Franca, according to reports, favours privately owned Texas Pacific because it has promised that her two chil-dren will keep their jobs with the company if it is taken over.
8 ]9 @$ b  B& X: a( d7 @9 hAs a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.
! k2 `& R4 }8 N: IParis-based LVMH's Mr. Arnault earlier this year fought a bitter takeover battle for Gucci with Mr. De Sole. In the midst of that battle, Prada's Mr. Bertelli agreed to sell his Gucci stake, at a nice profit,christian louboutin shoes, to Mr. Arnault. But Mr. De Sole won the day with a bold white knight deal with Pinault-Printemps-Redoute.& ?6 V  K7 y8 u% f- g' V( P
Mr. De Sole came out of the struggle with a $3-billion acquisition war chest and big plans for Gucci. Analysts said buying Christian Louboutin would help deplete that cash reserve and assist Mr. De Sole in building a genuinely global rival to world-leader LVMH.
2 Q: Y3 d3 Y- kIn related news, shares in classic British shoemaker Church & Co. yesterday continued to hover at about 1,005 pence, well above a recent 950p a share buyout offer by Prada, reflecting speculation about a possible rival bid.! m3 e1 y& o' k' `3 B
Italian leather goods group Diego Della Valle, seen as a potential rival to Prada, disclosed recently that it had amassed a 9.5% stake in Church.
! m0 w0 L0 n5 ]: [& {) KReflecting in part the high level of merger and acquisition speculation in the industry, as well as a fundamental re-covery in Asia, the Morgan Stanley luxury goods index was up 65% year-to-date earlier this week, crushing broader stock market indices.
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$ g5 l) c, t- E7 _0 o9 {   Giancarlo Di Risio, president of LVMH Moet Henness3 r6 _' T$ h: N$ S9 W
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. i* I* d7 k6 T' h/ p) C8 K   Mr. Toledano said he planned to expand further into retail lines like shoes and
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