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Bernard Arnault, chairman of LVMH, the French luxury goods group, has dismissed reports that he might buy a controlling stake in Sotheby's, the auction house, according to The Times of London. A. Alfred Taubman, the former chairman of Sotheby's, is under pressure to sell his holding in the
company, and it has been suggested that Mr. Arnault's name is being put about in an attempt to create an auction for the Taubman shareholding.

Go to Article from The Times of London

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