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Louis Vuitton & Moët Hennessy were afraid of the hostile takeover
Louis Vuitton & Moët Hennessy were afraid of the hostile takeover So they merged & became LVMH. But their CEOs hated each other & fought for control. Bernard Arnault saw the opportunity & slipped in. Here's how he kicked out both of them & became the majority shareholder:
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152,190
50.6%
CTR
2.86%
19.4%
Retention
71.1%
21.2%
Engagement
0.60%
62.7%
Growth
14
89.6%
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Louis Vuitton & Moët Hennessy were afraid of the hostile takeover
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Louis Vuitton & Moët Hennessy were afraid of the hostile takeover
So they merged & became LVMH.
But their CEOs hated each other & fought for control.
Bernard Arnault saw the opportunity & slipped in.
Here's how he kicked out both of them & became the majority shareholder:
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