Upscale Franz? Sisch Priv? Dealer Herm¨¨s announced Tuesday that it filed a lawsuit on how luxury giant LVMH rival and bought a stake in the company in 2010.
Tion in a short explanation:, Hermes said he had filed a complaint against the 10th LVMH Filed July.
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"This complaint relates to the conditions under which LVMH engaged in Herm¨¨s International," Hermes said.
A judicial source said that was the complaint of insider trading, market manipulation and collusion. It's still under investigation by the Paris prosecutor, said the source.
In a surprise move that irritated members of the family Hermes, LVMH acquired a 17 per cent in the leather bag and silk scarf manufacturer in 2010. The turnout was 22.28 percent in late May.
LVMH, which is of Milliard? R and shops ftsmann Bernard Arnault controlled, he said counterclaim.
The global luxury group said that his entry into the capital of Hermes "perfectly legal" and that the allegations of Hermes was "v? Llig baseless."
Since AMF stock market, France has not completed its investigation, LVMH said that the actions of irregular Hermes? Were? Strength.
"Under these conditions, LVMH is required to submit a counter-claim for extortion, false accusations and unfair competition," he said in a statement tion.
Hermes family members can have the structure of the company, which they repel a hostile takeover by LVMH? S k? And received court approval to do without a changed tender offer to the minority shareholders re ver?.