One reason for an acquiring company to target another company in a hostile takeover is to use the acquisition to obtain valuable technology or research. This strategy can help jump-start the acquiring company’s ability to enter new markets. Such was the case in 2010, when France’s largest ...
Pinault understood the time window to consolidate in the fashion industry was right, and he convinced De Sole and Tom Ford to close a deal with him by making Gucci the centralbusinessunit in charge of developing a multi-brandstrategyfor PPR (which would eventually become Kering)! LVMH, which ...