Arnault joins BC Partners and Wendel in €2.1bn Worms bid

BC Partners and Wendel Investissement, two private equity firms, Groupe Arnault, owner of LVMH, and the Worms family are bidding €2.1bn for Worms, the Paris-listed industrial holding company, in France's third largest buyout on record.

BC Partners, Wendel Investissement and Groupe Arnault will own 65% and the Worms family will own the balance.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump