LVMH.

To don’t speak about how I live in UK, who is the “real” Jew and of whom is the EU’s “Diamantes de Angola”, just for sick to save your time and coordinates of Trevor Edwards (BNB Recruitment Solution Plc Company), I make you a simple question from http://www.learndirect.co.uk/: Which is the common dominator between fraction numbers in USA, Mexico and Italy?

Answer: Beretta Cheetha…

Daddy the “a curtiça” – know what I singing.

LVMH eyes sale of Moët to Diageo April 22 2009 02:14

LVMH has indicated it may be willing to sell some or all of its two-thirds stake in Moët Hennessy, its wine and spirits business, to partnerDiageo, say people close to the matter. LVMH, part of the French luxury empire controlled by Bernard Arnault, approached Diageo this year to gauge whether Diageo was interested in buying the rest of Moët Hennessy, said one person familiar with the matter. The companies held informal discussions, but LVMH stayed hypothetical about a sale rather than pressing ahead. It has not yet decided whether it definitely wants to part with the asset. Diageo has not made an unsolicited offer for Moët Hennessy, but it may be willing to buy if LVMH and Mr Arnault opt to sell it and the parties can agree on its value. Revenue within the wines and spirits operation slipped 3 per cent to €3.13bn (£2.76bn) in 2008, as the economic downturn hit its luxury brands. Moët Hennessy could be worth up to nearly three times that amount, though people close to the matter said the recent softening in the luxury market put its value to Diageo up for debate. A sale of some or all of Moët Hennessy would free up cash for LVMH, the world’s biggest luxury goods group, to spend on purchases in the fashion side of its business. Industry watchers have said luxury goods makers Hermès or Gucci could fit well within LVMH’s portfolio, which includes Louis Vuitton, Fendi, Donna Karan and Marc Jacobs. Some insiders believe LVMH’s wine and spirits arm is a good hedge against its fashion exposure, however. Moët Hennessy has either created or acquired a handful of well-known brands in recent years including Glenmorangie whisky, Belevedere and Chopin vodka, and 10 Cane Rum. The company also owns some of the world’s best-known champagne brands. Moët & Chandon and Veuve Clicquot account for 34 per cent of its sales. LVMH and Diageo, which owns 34 per cent of Moët Hennessy, have established a number of joint distribution arrangements over the past two decades that primarily cover Diageo’s whisky and gin brands and Moët Hennessy’s champagnes and cognacs. LVMH is scheduled to report its first-quarter results on Wednesday.