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Belmond Ltd (BEL.N)

BEL.N on New York Stock Exchange

24.68USD
14 Dec 2018
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Fri, Dec 14 2018

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LVMH splashes out on luxury hotels with $3.2 billion Belmond deal

PARIS Luxury goods maker LVMH has agreed to buy Belmond , the owner of hotels including Venice's landmark Cipriani, for a total of $3.2 billion to raise its profile in upmarket hospitality. | Video

UPDATE 3-LVMH splashes out on luxury hotels with $3.2 bln Belmond deal

* Deal beefs up LVMH's portfolio in 'experiential' luxury hotels

LVMH to buy Belmond luxury hotel group for $3.2 billion

PARIS, Dec 14 French luxury behemoth Louis Vuitton Moet Hennessy Friday said it agreed to buy luxury hotel group Belmond in a deal valuing the company at $3.2 billion.

France's LVMH nears deal to buy hotel operator Belmond: WSJ

French luxury group LVMH Moet Hennessy Louis Vuitton SE is near a deal to buy UK-based high-end hotels operator Belmond Ltd for about $25 per share in cash, the Wall Street Journal reported on Thursday.

UPDATE 1-France's LVMH nears deal to buy hotel operator Belmond -WSJ

Dec 13 French luxury group LVMH Moet Hennessy Louis Vuitton SE is near a deal to buy UK-based high-end hotels operator Belmond Ltd for about $25 per share in cash, the Wall Street Journal reported on Thursday.

France's LVMH nears deal to buy Belmond - WSJ

Dec 13 France's LVMH Moet Hennessy Louis Vuitton SE is near a deal to buy Belmond Ltd, owner and operator of high-end hotels around the world, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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