Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
21 Feb 2023 Acquired LVMH
“I think at one point, Hermes almost got delisted from the stock markets because there was no longer any trading in the stock.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 21 Feb 2023
- Publisher
- Acquired
- Episode
- LVMH
Transcript context
…Right, there was no path to getting to the 33% necessary. I think at one point, Hermes almost got delisted from the stock markets because there was no longer any trading in the stock. It was that extreme. The interesting thing about this one is that it actually gets shaken out in the French courts. In 2014, a French court ruled that LVMH had to sell down its stake from 23%.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.