For the competition authorities there are no negative effects on the market. The decision ratifies the strengthening of the French group, which pushes towards Asia.
“There are no concentration risks, from the joint activity of LVMH and Bulgari”. Green light from the European Commission for the 3,7 billion purchase of the Italian luxury house.
The operation, carried out last March, allows the French giant, which already owns Louis Vuitton, to strengthen itself in the jewelery sector (including watches), above all in view of the expansion in the Asian markets.
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