The Arnault family makes a move to consolidate their control over LVMH
The plan aims to unify 49.76% of the family's shares and voting rights in the world's leading luxury group into a single holding company.
The Arnault family plans to consolidate its control over LVMH by unifying its 49.76% stake and voting rights in a single holding company, Agache. The move aims to ensure the family's continued control over the luxury goods group, with Christian Dior SE announcing the plan to its board of directors. The transaction, expected to be approved by Christian Dior's shareholders by the end of the year, would centralize the family's shares and voting rights in LVMH under one entity.
A special shareholders' meeting is set for December to finalize the deal, with a tender offer for minority shares planned for early 2027.
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