Percentage stake in hip-hop artist Jay-Z’s Armand de Brignac Champagne brand, recently purchased by Moët Hennessy for an undisclosed sum. The LVMH wines and spirits group already owns the Moët & Chandon, Veuve Clicquot, Dom Perignon and Ruinart labels. Jay-Z bought his brand, made by the 250-year old Cattier Champagne house, in 2014. Known as the “Ace of Spades,” Jay-Z’s sparkler sold more than 500,000 of its signature opaque gold bottles in 2019.

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