LVMH ready to take over Richemont?

Swiss media said that the head of the French luxury giant LVMH (Bulgari, Hublot, TAG Heuer, Zenith, Chaumet, Fred, Tiffany) Bernard Arnault is seriously considering the prospect of taking over the largest competitor - the Swiss holding Richemont.

While this information remains at the level of rumors, nevertheless, Richemont brands could well complement the LVMH portfolio. First of all, we are talking about Cartier, which, together with Tiffany, would provide LVMH with permanent leadership in the field of jewelry. And don't forget the watch brands Richemont (A. Lange & Sohne, Cartier, IWC, Jaeger LeCoultre, Montblanc, Panerai, Piaget, Roger Dubuis, Vacheron Constantin and Van Cleef & Arpels), which would also fit into the portfolio of the French.