LVMH's Arnault family, Red Bull in talks to buy majority stake in French club Paris FC

seekingalpha

2024-10-20

ChiccoDodiFC/iStock via Getty Images

French billionaire and LVMH (OTCPK:LVMHF) chairman Bernard Arnault has partnered with Austrian energy drinks company Red Bull to buy a majority stake in iconic soccer club Paris FC.

Agache, the holding company of the Arnault family, and Red Bull have entered into exclusive negotiations to

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