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Analysts said buying Christian Louboutin would help deplete that cash reserve an

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发表于 2010-8-10 20:44 | 显示全部楼层 |阅读模式
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But Franca, according to reports, favours privately owned Texas Pacific because it has promised that her two chil-dren will keep their jobs with the company if it is taken over.9 p3 b8 O# ?: U
As a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.
0 A+ f  R0 U* }' rParis-based LVMH's Mr. Arnault earlier this year fought a bitter takeover battle for Gucci with Mr. De Sole. In the midst of that battle, Prada's Mr. Bertelli agreed to sell his Gucci stake, at a nice profit,christian louboutin shoes, to Mr. Arnault. But Mr. De Sole won the day with a bold white knight deal with Pinault-Printemps-Redoute.$ G+ I  R& Y, c
Mr. De Sole came out of the struggle with a $3-billion acquisition war chest and big plans for Gucci. Analysts said buying Christian Louboutin would help deplete that cash reserve and assist Mr. De Sole in building a genuinely global rival to world-leader LVMH., k* f1 y: J1 K& ?( x/ n
In related news, shares in classic British shoemaker Church & Co. yesterday continued to hover at about 1,005 pence, well above a recent 950p a share buyout offer by Prada, reflecting speculation about a possible rival bid.$ K- W4 `. Y: Q- v$ |$ _1 u
Italian leather goods group Diego Della Valle, seen as a potential rival to Prada, disclosed recently that it had amassed a 9.5% stake in Church.
# x/ ^! y4 _9 O+ s; CReflecting in part the high level of merger and acquisition speculation in the industry, as well as a fundamental re-covery in Asia, the Morgan Stanley luxury goods index was up 65% year-to-date earlier this week, crushing broader stock market indices.. f/ ]4 m0 O2 D" Q7 c% R; M
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. q# ]+ g! ]  w0 a7 p   Giancarlo Di Risio, president of LVMH Moet Henness/ o) n4 C; |0 ?4 S& L/ U
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8 t/ z. x) E' I- }2 |# k1 x, X   Mr. Toledano said he planned to expand further into retail lines like shoes and
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