By  on November 25, 2010

PARIS – LVMH Moët Hennessy Louis Vuitton said on Thursday it has bought an additional 40.1 percent stake in Société Samaritaine from the Fondation Cognacq-Jay, giving it almost full ownership of the company, which owns the La Samaritaine complex.

Financial details of the transaction were not disclosed. LVMH now owns almost 100 percent of Société Samaritaine, though a spokeswoman declined to disclose its exact stake.

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