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France’s LVMH to buy top business magazine — shareholder

PARIS, France — French luxury group LVMH has reached agreement to purchase top business magazine Challenges, the latter’s main shareholder Claude Perdriel told AFP on Tuesday, with the deal expected for early next year. LVMH, owned by billionaire Bernard Arnault, had been eying the latest of several media conquests for some time and the deal

admin September 23, 2025

FILE PHOTO: A Louis Vuitton logo is seen outside a store on the Champs-Elysees in Paris, France, September 18, 2020. REUTERS/Charles Platiau

PARIS, France — French luxury group LVMH has reached an agreement to purchase the top business magazine Challenges, the publication’s main shareholder Claude Perdriel told AFP on Tuesday.

The deal is expected to be finalized early next year.

LVMH, owned by billionaire Bernard Arnault, has been eyeing this acquisition as its latest media conquest for some time.

https://business.inquirer.net/548720/frances-lvmh-to-buy-top-business-magazine-shareholder