![Avatar photo](https://cdn.luxist.org/wp-content/uploads/2016/09/Alex-Carter_avatar_1473260063.jpeg)
Alex Carter
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé…
Hermes has defended itself against any possible take-over by rival LVMH by pooling in their shares in a single holding company, France’s stock market regulator (AMF) reported on Friday. The AMF granted permission to allow a majority of the Hermes family shareholders to group together to form a single holding company with over 50 percent of the company’s equity. This acted as a defense mode against any possible takeover by the LVMH French holding company. – read more at IBTimes
![Avatar photo](https://cdn.luxist.org/wp-content/uploads/2016/09/Alex-Carter_avatar_1473260063.jpeg)
Alex Carter
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé Nast Traveler.