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Springfield, MO
French luxury goods company LVMH Moet Hennessy Louis Vuitton SE agreed to purchase London-based hotel operator Belmond Ltd.
The deal for $25 a share in cash values the acquisition at $2.6 billion.
With fashion labels including Louis Vuitton and Christian Dior in its portfolio, LVMH already operates hotels, such as the Cheval Blanc in the French Alps.
Read more from The Wall Street Journal.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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