Thanks for the contribution. Here are a few more additions:
- Delphine Arnault is married to Xavier Niel, one of the richest men in France. Among other things, Niel owns several media companies and is therefore a direct competitor of her stepfather.
- The family is currently in the process of taking over Paris FC together with Red Bull, with the aim of creating a rival to PSG.
- The attempted takeover of Gucci:
Two strategies were used here:
White Knight: this involves seeking a friendlier buyer or partner - in this case Kering, which now owns the brand, to deter the aggressive buyer.
Poison Pill: New shares are issued to the white knight, diluting the shares of the existing shareholders (including LVMH). This makes a takeover more expensive and less attractive for LVMH.
- Delphine Arnault is married to Xavier Niel, one of the richest men in France. Among other things, Niel owns several media companies and is therefore a direct competitor of her stepfather.
- The family is currently in the process of taking over Paris FC together with Red Bull, with the aim of creating a rival to PSG.
- The attempted takeover of Gucci:
Two strategies were used here:
White Knight: this involves seeking a friendlier buyer or partner - in this case Kering, which now owns the brand, to deter the aggressive buyer.
Poison Pill: New shares are issued to the white knight, diluting the shares of the existing shareholders (including LVMH). This makes a takeover more expensive and less attractive for LVMH.
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@Xavier_trader thanks for the addition, I mentioned Redbull/Paris in the chat, it will be exciting 👍
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