Buy custom Gucci & Lvmh: The Battle For Control
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Topic: |
Business
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Number of pages / Number of words: |
5 / 1316 |
Essay's paper body
Seeking an injunction from an Amsterdam court, LVMH argued for voting rights, transferability of the ESOP shares and redemption of the shares for capital.
The courtâs ruling was that Gucci had indeed not acted in the best interests of the shareholders and furthermore concealed the intent of its ESOP...
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After Gucci had enrolled Morgan Stanley Dean Witter to its defense, that firm in turn contacted Francois Pinnault of PPR. After subsequent discussions, De Sole and Pinnault agreed that PPR would act as a white knight, buying out 40% in Gucci (and get seats in its board as well as strategic and management committee)...
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General points of the essay
LVMH strategic analysis
Business Law - shares
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Gucci & Lvmh: The Battle For Control
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