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Billionaire Arnault's LVMH Buying Christian Dior for $13 Billion

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Billionaire Bernard Arnault and his family offered to buy the 26 percent of Christian Dior SE it doesn’t already own for about 12.1 billion euros ($13.2 billion), and to fold Christian Dior’s couture operation into their LVMH luxury goods empire in a 6.5-billion-euro deal. The family will offer a mix…

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