By  on April 22, 2009

PARIS — LVMH Moët Hennessy Louis Vuitton squashed media speculation today that it is in talks to sell its Moët Hennessy wines and spirits business.

The French luxury group stated no such negotiations are taking place. LVMH, whose drinks division counts brands such as Moët & Chandon, Dom Pérignon and Veuve Clicquot, among others, will report first-quarter results after the French Bourse closes Wednesday.

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