LVMH to Sell Phillips Stake To Auction House Executives

LVMH Moet Hennessy Louis Vuitton plans to sell its remaining 27.5 percent sake in auction house Phillips de Pury & Luxembourg to Simon de Pury and Daniella Luxembourg, co-chief executives of Phillips; terms of deal undisclosed; 50 of auction house's 135 employees are laid off (M)

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Veröffentlicht in:New York Times (Online) 2003-01-28
Format: Newspaper Article
Sprache:eng
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Zusammenfassung:LVMH Moet Hennessy Louis Vuitton plans to sell its remaining 27.5 percent sake in auction house Phillips de Pury & Luxembourg to Simon de Pury and Daniella Luxembourg, co-chief executives of Phillips; terms of deal undisclosed; 50 of auction house's 135 employees are laid off (M)
ISSN:1553-8095