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Spotlight | France, Switzerland
Thirteen years on, French justice eyes key player in failed LVMH takeover of Hermès

Swiss asset manager Eric Freymond is the target of legal proceedings in France in connection with the planned takeover of Hermès by LVMH in 2010.
Swiss asset manager Eric Freymond is the target of legal proceedings in France in connection with the planned takeover of Hermès by LVMH in 2010. © Studio Pachamama
The central role played by Swiss wealth manager Eric Freymond in LVMH's planned takeover of Hermès in 2010 has led to him being the subject of a judicial investigation in France that has been kept under wraps, until now. Glitz.paris investigates. [...]
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Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air

Glitz.paris has reconstructed the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a labyrinth of offshore accounts and Panama shell companies. The shares passed through the hands of Swiss asset managers, then LVMH finance directors, and are now beyond the reach of their owner, who is calling it the "heist of the century".

LogoSubscribers only Families 21.11.2024
This week, Glitz.paris reveals the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a financial labyrinth.

France, Switzerland
The great Hermès mystery: where are Nicolas Puech's phantom shares housed?

Twelve years after the aborted LVMH raid on Hermès, and three years after the expiry of the non-aggression pact negotiated between the luxury giant and the Faubourg St Honoré based leather goods manufacturer, the status of the shares of one of the few members of the three shareholding families to have joined forces with LVMH, Nicolas Puech, remains shrouded in mystery.

LogoSubscribers only Families 13.10.2022

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