Belgium drops case against business of LVMH chief Arnault
(WorldNews Belgium)

BRUSSELS (Reuters) - Belgian prosecutors said on Thursday they have closed an investigation into a 2.9 billion euro ($3.24 billion) capital increase in a Belgian company owned by billionaire and chief executive of LVMH Bernard Arnault. Arnault has accepted a deal to end the case opened in 2012 against Pilinvest, a holding company in Belgium, `without any prejudicial admission of guilt on his part`, prosecutors said, without offering any...