Arnault, Paris FC and Red Bull
Paris FC valued at more than €90m as Arnault family and Red Bull close in on takeover
Pair team up to acquire French second division soccer club from president and majority shareholder Pierre Ferracci.
France's Arnault family and Red Bull to buy stakes in Paris FC, reports L'Equipe
Paris FC, the capital's second-tier soccer club, is in the process of being sold off to the Arnault family - whose head Bernard Arnault is the billionaire behind LVMH - and to the energy drinks company Red Bull,
Bernard Arnault partners Red Bull to buy Paris FC in latest move into sport
The family of LVMH’s Bernard Arnault has teamed up with Red Bull to take over Paris FC in the second tier of French football as the luxury billionaire expands his involvement in sport.
Bernard Arnault poised to buy Paris FC football club with Red Bull
BERNARD Arnault’s family is nearing the purchase of a majority stake in second-tier football club Paris FC, investing alongside Red Bull, as the billionaire clan diversifies into sports, sources familiar with the matter said.
LVMH and Red Bull to acquire stakes in Paris FC
The Arnault family, owners of the LVMH French luxury goods conglomerate, and Austrian energy drinks giant Red Bull are finalizing a deal to acquire French second-tier soccer club Paris FC. The Ligue 2 side’s current majority shareholder Pierre Ferracci will sell a stake of between 55-56% to the Arnault family,
Arnault Family Poised to Buy Majority Stake in Paris Soccer Club
The acquisition would set the stage for a face-off between two soccer clubs owned by rival French luxury groups.
Bernard Arnault loses $13 billion in a single day as China’s uncertain recovery undermines billionaire’s wealth
Hopes that China's stimulus plans could inject a much-needed boost among luxury players, including LVMH, have been dashed in ...
LVMH's Bernard Arnault overtakes Mark Zuckerberg to become 3rd-richest person after $30 billion wealth surge
China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth from $177 billion to $207 ...
LVMH Took Over the Paris Olympics. Now It’s Snagged Formula One.
From Louis Vuitton trophy cases to Moët & Chandon on the podium, the luxury conglomerate is pulling out the stops with a ...
LVMH Prepares for a Long Winter With Arnault’s Moncler Deal
His LVMH Moet Hennessy Louis Vuitton SE has agreed to invest in Moncler SpA, the Italian luxury brand best known for the ...
Formula 1 And LVMH Sign A 10-Year Partnership Deal
Several LVMH-owned brands will be involved in the global partnership deal, including Louis Vuitton, Moët Hennessy and TAG ...
Red Bull Paris FC? Energy drinks giant set to buy Ligue 2 side and add another club to Jurgen Klopp's remit
Red Bull are set to purchase Paris FC, in a move that will put them under the remit of Jurgen Klopp in his new role.
LVMH Is in the Luxury Driver’s Seat With F1 Deal
Sponsoring the glamourous world of motor racing will help Louis Vuitton and TAG Heuer withstand the bling bloodbath.