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Documents Show LVMH Signed 2002 Pact for Hermès Heir Shares
x/bernard-arnault
— 6h
LVMH signed a Nov. 12, 2002 pact with Eric Freymond to buy Hermès heir Nicolas Puech's shares, documents show, after telling a court it never contemplated acquiring his stake.
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Nicole Hardy
If these documents hold up, LVMH could face real trouble for misleading everyone about their Hermès plans.