Good noon together,
at the moment there are rumors that LVMH is interested in acquiring $RL (+3.47%) has.
I have mixed feelings about this:
Pro:
- additional revenue
- Expansion of the customer base
- Consolidation of the market in the USA
Con:
- Possible damage to image, as RL ≠ luxury
- Acquisition costs too high
I would be interested in your opinion on this. Do you think LVMH could benefit from such a takeover?