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LVMH is Indeed Looking at Amanresorts After All

September 6, 2011 at 8:50 AM | by | Comments (0)

Looks like our well-heeled source who claimed that luxury goods company LVMH was thinking about buying the Amanresorts chain was right after all. Bloomgberg News is now reporting pretty much just that.

DLF Ltd. (DLFU), an Indian real estate developer, has received at least five non-binding bids of $400 million to $450 million for Amanresorts, one of the people said, speaking on condition of anonymity as the details are private.

Naturally, no one from LVMH or Amanresorts is willing to comment publicly but where there's a whiff of Italian, handcrafted leather and expensive perfumes, there's a hotel takeover waiting to happen. Ok, maybe not but this bit of news coupled with the info from our source makes it seem almost like a done deal.

From the Bloomberg report it doesn't sound like Amanresorts will be changing much but remember, LVMH is still raring to go with their Cheval Blanc hotels as well. We shall see! (Twirls little mustache while sipping espresso and searching pockets for a smoke.)

[Photo of fake LV sheets: Google Images]

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