Paris FC, Red Bull and bernard arnault
LVMH's expansion into sports continues as Bernard Arnault's family plans a 55% stake in Paris FC.
Red Bull and the Arnault family, one of the wealthiest in the world, are set to acquire Paris FC, according to French media.
Paris FC is in the process of being partially acquired by the Arnault family and Red Bull. The Arnault family is expected to acquire a 55-56% stake, while Red Bull will obtain approximately 15%.
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