French luxury group, LVMH has bought parts of the following Singapore companies:

1. Crystal Jade Group – Over 90% stake

2. Ku De Ta – 51% in the nightclub’s holding company

3. Charles & Keith – 20% stake

4. Heng Long Tannery (supplies exotic crocodile skins to high fashion houses) – 51% stake

5. Sincere Watch & Jewellery – 26.3% stake

I wonder what else, if anything, they are going to buy.

Source article: Herworldplus

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