L'Oréal
Strategic Concepts & Mechanics
Primary Evidence
"The cunning banker, who spoke an Italian like a pizza maker, had already helped the people from Turin diversify their capital beyond the automotive industry, and take significant stakes in the capital of L'Oréal and Air liquide. So, investing a $ 100 million ticket in Albatros Investissement, one of the holdings through which Vincent Bolloré kept control of his group-the famous "Breton pulleys" invented by the financier-should not have been a bad investment. "And the Agnelli family is so rich...," as Bernheim used to say, with all his ambiguity towards the powers of money."
"Bernard Arnault flies to his home in the Parcs de Saint-Tropez estate, where he rubs shoulders with François Dalle, the former CEO of L'Oréal, who is about to make a name for himself, personally, in Georges Pébereau's raid against Société Générale, and Albert Frère, a powerful Belgian industrialist turned finance mogul at the head of Bruxelles-Lambert bank, who will become his most loyal supporter. And his only friend in business."