Betaville

Third Point takes stake in Cartier owner Richemont, reveals Miss Tweed and the FT

Last week it was Shell; this week it's Compagnie Financiere Richemont.

According to the Financial Times and Miss Tweed, a specialist fashion website, Dan Loeb's Third Point has bought a 1.2pc stake in the owner of Cartier alongside another activist hedgie. Below is the link to Miss Tweed's scoop:

https://www.misstweed.com/?lng=en..