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LVMH looks to expand media portfolio

LVMH is in talks with the French media group Lagardere SA, with the intention of acquiring the society magazine Paris Match under its umbrella. Analysts suggest that if this deal goes through, it will further expand the investment of LVMH Chairman Bernard Arnault in the media sector. Prior to this, he had already become the owner of the French newspapers Les Echos and Le Parisien.

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