LVMH buys luxury train operator

INTERNATIONAL: High-end wine, fashion, cosmetics, hotel and retail group LVMH Moët Hennessy Louis Vuitton has entered into a definitive agreement to acquire Belmond, which owns or manages 46 hotel, restaurant, train and cruise brands including the Venice-Simplon Orient Express, British Pullman, Royal Scotsman, Grand Hibernian, Andean Explorer, Hiram Bingham and ...