LVMH to Inject Up to €150 Million Into Struggling Le Parisien

LVMH Moët Hennessy Louis Vuitton SE will inject as much as €150 million ($173 million) into its loss-making Le Parisien to help improve the newspaper’s finances.

By Angelina Rascouet · Bloomberg

LVMH Moët Hennessy Louis Vuitton SE will inject as much as €150 million ($173 million) into its loss-making Le Parisien to help improve the newspaper’s finances.