French billionaire Arnault cuts ties with Lagardere heir - NewsBreak
By Merima in Business
Updated 3 years ago
PARIS, Sept 2 (Reuters) - Luxury goods billionaire Bernard Arnault has effectively cut ties with Paris Match publisher Lagardere's (LAGA.PA) heir and boss, leaving the media group more exposed to takeovers. France's richest man, known for running Louis Vuitton owner LVMH (LVMH.PA), came to Arnaud Lagardere's aid last year with...