Paris, 26 May 2015
LVMH Group, owner of Groupe Les Echos, announces that it has entered into exclusive negotiations with Groupe AMAURY concerning the potential acquisition of their publication: 'Le Parisien/Aujourd'hui en France'.
The acquisition is subject to consideration by the Groupe Amaury works council and is conditional upon approval by the relevant competition authorities.
Francis MOREL, Chief Executive of Groupe Les Echos said:
«This well-known and respected publication would make a material contribution to our group through its strong complementarity with our current titles».
LVMH
LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d'Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Hennessy, Glenmorangie, Ardbeg, Wen Jun, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton et Numanthia. Its Fashion and Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti, Nicholas Kirkwood and Loro Piana. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, la Samaritaine and Royal Van Lent. LVMH's Watches and Jewelry division comprises Bulgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred, Hublot and De Beers Diamond Jewellers Ltd, a joint venture created with the world's leading diamond group.
Contacts: | |||
Analysts and investors: | Chris Hollis LVMH | + 33 1.4413.2122 | |
Media: | |||
France : | Michel Calzaroni/Olivier Labesse/ Sonia Fellmann/Hugues Schmitt | + 33 1.4070.1189 | |
DGM Conseil | |||
UK: | Hugh Morrison | + 44.773.965 5492 | |
Italy: | Michele Calcaterra/ Matteo Steinbach | +39 02 6249991 | |
SEC and Partners | |||
US: | James Fingeroth/Molly Morse/ Anntal Silver | +1 212.521.4800 | |
Kekst & Company |
http://hugin.info/143740/R/1923979/690052.pdf
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: LVMH via Globenewswire