By  on April 18, 2013

PARIS — With LVMH Moët Hennessy Louis Vuitton facing scrutiny about whether it respected market rules in amassing a 22.6 percent stake in Hermès, Bernard Arnault declared Thursday that he came into the holding unexpectedly.

Speaking at LVMH’s annual general meeting in Paris, Arnault reiterated that his intentions toward Hermès were peaceful and he did not plan to increase his stake in the family-controlled firm.

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