PARIS, Sept 24 (Reuters) – Groupe Arnault, the household holding firm for France’s richest man Bernard Arnault, has snapped up a stake in media and publishing conglomerate Lagardere LAGA.PA and cemented his ties to its managers, the companies stated on Thursday.
Groupe Arnault now holds over 5% of Lagardere immediately, the businesses stated. It has additionally finalised its acquisition of 27% of a car by means of which Lagardere Chief Govt Arnaud Lagardere controls the corporate.
(Reporting by Sarah White; modifying by David Evans)
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