French billionaire Arnault cuts ties with Lagardere heir - NewsBreak

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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...

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