The Bulgari family will not receive any more from LVMH for its shares of its luxury accessory company, despite rumours to the contrary, according to LVMH.
Following a report in daily Italian newspaper Il Sole 24, LVMH dismissed suggestions that it was planning to increase its price offer for Bulgari shares.
“LVMH categorically denies the unfounded and misleading rumors that LVMH could be obliged to increase the price of its offer on Bulgari," the company statement read.
