By and and  on January 2, 2012

1) LVMH BUYS BULGARI
LVMH Moët Hennessy Louis Vuitton in March agreed to acquire 50.4 percent of Italian jeweler Bulgari from the firm’s largest shareholder, the Bulgari family, in a cash-and-share swap, and launched a bid for the remaining shares for a total value of more than $6 billion. The deal doubled the size of LVMH’s watch and jewelry division, and made the Bulgari family the second-largest family shareholders in LVMH — with a 3.3 percent stake — after chairman and chief executive officer Bernard Arnault himself.

2) TIMBERLAND RAISES VF’S PERFORMANCE PROFILE
After flirting for more than 30 years, VF Corp. finally in June inked a $2.3 billion cash deal to acquire Timberland Co., transforming VF into a $10 billion giant.

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