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LVMH, Catterton Partner to Create L Catterton, a Private Equity Firm

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Greenwich, CT and Paris–Catterton, a consumer-focused private equity firm, LVMH, the world’s largest luxurygoods conglomerate, and Groupe Arnault, the family holding company of Bernard Arnault, announced today that they have entered into an agreement to create L Catterton. The new partnership will combine Catterton’s existing North American and Latin American …

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French Stock Market Regulator to Rule on LVMH Insider Trading Charges in Hermès Case

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Paris—Although the Autorité des Marchés Financiers (AMF), the French stock market regulator, probably won’t make a decision on whether LVMH violated insider trading or share price manipulation when it took its initial stake in Hermès in 2010, the AMF’s chairman this week indicated he didn’t think LVMH engaged in insider …