LVMH denies could increase offer for Bulgari shares
PARIS, July 25 |
PARIS, July 25 (Reuters) - French luxury group LVMH (LVMH.PA) on Monday confirmed it will pay 12.25 euros per share for all the Bulgari shares it is purchasing, including for an extra 57,000 shares owned by the Bulgari familly.
"Following an article that appeared in the daily Italian newspaper Il Sole 24 Ore, LVMH categorically denies the unfounded and misleading rumours that LVMH could be obliged to increase the price of its offer on Bulgari," LVMH said in a statement.
(Reporting by Marie Maitre)
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