LVMH, the luxury goods maker, is set to pay $25 a share for Belmond, the luxury hotel group
So, it looks like Belmond, the luxury hotel group has finally found a suitor. LVMH Moët Hennessy Luis Vuitton confirmed that it wishes to acquired London-based hotel owner and operator Belmond. News outlets suggest that this deal represents an equity value of $2.6 billion and an enterprise value of $3.2 billion. Reports suggest that LVMH will retain the Belmond brand, which …
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