HERMES Hermes VS Reminiscences Of Louis Vuitton War
October 23, 2010: LVMH announces its holding on Saturday
Hermes
Group 17.1% shares, but it does not intend to "hold", but only hopes to become a "long-term shareholder".
October 24th: the Hermes family is of the same mind.
Unite
Consistent and unintentional sale of the company.
October 24th: French financial regulators say they will review the legality of LVMH's takeover.
November 3rd: the Hermes family asked LVMH Arnault Bernard, President of the group, to give up its holdings of Hermes, but was rejected by him.
December 5th: the Hermes family is interested in setting up an unlisted family holding company to assemble more than 50% of Hermes's shares.
December 21st:
LVMH
The group owns 20.21% of Hermes.
January 6, 2011: after Hermes decided to establish a holding company, the French financial regulator agreed that it did not need to open a public takeover price for all the shares of the company.
January 6th: in accordance with the decision of the French financial regulators, the Association for the protection of minority shareholders appeals to the court of appeal of Paris.
May 24th: the Association for the protection of minority shareholders originally wanted to "deprive" members of the Hermes family of voting rights at the shareholders' meeting by prosecution, but was invalidated by the court ruling procedure.
May 30th: at the Hermes shareholders' meeting, the chairman of the board of supervisors Bertrand Puech and vice president of LVMH Pierre God e tit for tat.
July 26th: LVMH announces 21.4% shares of Hermes.
September 15th: the Paris court of Appeal ruled that the Hermes family would establish a holding company, and there would be no need to introduce an open takeover price for other shares of Hermes.
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