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Next issue: January 09, 2025

France
Bernard Arnault drops out of race to buy Karl Lagerfeld's former mansion

Initially interested in buying the Parisian building the German fashion designer called home for 30 years, LVMH's boss pulled out due to the complex nature of the deal, as well as its price being inflated by the creditors of its current owner, the state of Gabon. [...]

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