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Arnault Family Plans Single LVMH Holding
The Arnault family is moving to unify its 49.76% shareholding and voting rights in LVMH, the world's leading luxury group, in a single holding company. The step is framed as a plan.
Why It Matters
The plan would concentrate the Arnault family's LVMH shareholding and voting rights in one entity, so control of the world's leading luxury group would run through a single holding company.
The Read
The plan covers the family's voting rights as well as its 49.76% shareholding, so the consolidation reaches how LVMH votes are cast along with who holds the shares.
A stake just below half of LVMH, with its votes attached, would answer to one Arnault family vehicle.
- The Number
- 49.76%
- Arnault family's shareholding in LVMH the plan would unify
- In The Room
- “Which existing Arnault holdings would the single company absorb, and does anything change for LVMH's other shareholders?”
Source: Financial Times
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