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Analysts said buying Christian Louboutin would help deplete that cash reserve an

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发表于 2010-8-10 20:44 | 显示全部楼层 |阅读模式
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But Franca, according to reports, favours privately owned Texas Pacific because it has promised that her two chil-dren will keep their jobs with the company if it is taken over." Q. P) q8 t4 p: `! u3 `% Z+ U! `) e
As a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.
$ F4 ?4 n; j) xParis-based LVMH's Mr. Arnault earlier this year fought a bitter takeover battle for Gucci with Mr. De Sole. In the midst of that battle, Prada's Mr. Bertelli agreed to sell his Gucci stake, at a nice profit,christian louboutin shoes, to Mr. Arnault. But Mr. De Sole won the day with a bold white knight deal with Pinault-Printemps-Redoute.% q- I( l3 a% f& n0 m: A
Mr. De Sole came out of the struggle with a $3-billion acquisition war chest and big plans for Gucci. Analysts said buying Christian Louboutin would help deplete that cash reserve and assist Mr. De Sole in building a genuinely global rival to world-leader LVMH.
/ k- J1 v: H  q# E4 ~In related news, shares in classic British shoemaker Church & Co. yesterday continued to hover at about 1,005 pence, well above a recent 950p a share buyout offer by Prada, reflecting speculation about a possible rival bid.
: r2 ^! e- z  c" a$ ?Italian leather goods group Diego Della Valle, seen as a potential rival to Prada, disclosed recently that it had amassed a 9.5% stake in Church.
* I# o& C3 D0 c1 r' X0 [5 JReflecting in part the high level of merger and acquisition speculation in the industry, as well as a fundamental re-covery in Asia, the Morgan Stanley luxury goods index was up 65% year-to-date earlier this week, crushing broader stock market indices.
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& q" P8 G, `$ k; k" |. m) I+ E   Giancarlo Di Risio, president of LVMH Moet Henness% l/ ^, F& y$ `6 U) \$ d
  
: F2 h, P4 L* v2 c* t7 e   is it appropriate
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6 y" F6 G2 i# ?3 s7 a" [) @/ @   Mr. Toledano said he planned to expand further into retail lines like shoes and
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