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LVMH Plans Their Next Buyout

| Filed under: Business BlitzLVMHBulgariBurberry

lvmh-may-buyout-burberry.jpg

Someone's got money to burn!

LVMH is looking to add another brand to their already massive arsenal.

After the luxury group acquired Bulgari this week, Burberry's stock rose 4%, which left analysts speculating that a buyout is looming.

But they probably won't go down without a fight because rivals PPR have wanted to buy the trench coat company for some time.

Only time will tell.

[Image via AP Images.]

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