French prosecutor probes transactions involving LVMH's Arnault, Russian businessman

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French prosecutor probes transactions involving LVMH's Arnault, Russian businessman
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PARIS (Reuters) -The Paris public prosecutor's office confirmed on Friday that it is investigating financial transactions involving LVMH owner Bernard ...

PARIS -The Paris public prosecutor's office confirmed on Friday that it is investigating financial transactions involving LVMH owner Bernard Arnault and Russian businessman Nikolai Sarkisov.SaltWire's Atlantic regional weather forecast for September 29, 2023 | SaltWirePARIS -The Paris public prosecutor's office confirmed on Friday that it is investigating financial transactions involving LVMH owner Bernard Arnault and Russian businessman Nikolai Sarkisov.

Le Monde, citing the French finance ministry's financial intelligence unit Tracfin, reported on Thursday that Sarkisov had acquired real estate at a luxury Alpine resort via a complex transaction in which Arnault, through one of his companies, had provided a loan.

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