LVMH built the stake through cash-settled equity swaps with three banks that dated back to 2008, when the luxury industry was in a deep crisis.

从2008年开始Moët Hennessy Louis Vuitton就通过现金认证股权的方式与三大银行进行权益交换，那时奢侈品行业正深陷危机。

youdao

Being concerned on the cost of the transaction tax of the debt-equity swaps is helpful for us to re-evaluate the significance of debt-equity swaps or the limitations of the policy.

关注以股抵债交易的税务成本有助于我们重新评价以股抵债政策的意义或者局限性。

youdao

Mr. Arnault used equity swaps to stealthily build uphis initial stake in Hermès over the past several years, a move that caused theAMF to open an investigation last month into LVMH's move.

过去几年时间里，阿诺特一直利用股权互换合同悄悄增持爱马仕股份，此举导致金融市场监管局于上月对路易威登展开调查。

youdao

You and your partner, Warren Buffett, have for years complained and warned about the dangers ve perceived in the modern derivatives markets, particularly credit derivatives, and also concerns about interest rate swaps, currency swaps, and equity swaps.

你和你的合伙人，沃伦，巴菲特,多年来一直提醒现代衍生品市场中,存在的危险，that，you’,尤其是信用衍生品，利率掉期，货币互换和股票互换。

斯坦福公开课 - 经济学课程节选

Banks are also raising their stakes in their most troubled borrowers, via debt-for-equity swaps, in return for tepid restructuring schemes.

ECONOMIST: Japanese stockmarkets

All cleared OTC derivatives will be available including interest rate swaps, credit default swaps, energy swaps, non-deliverable forwards and equity swaps.

FORBES: Innovation Coming to OTC Cleared Derivatives

ETFs and equity swaps are types of Delta One products.

FORBES: UBS' $2B Man, Kweku Adoboli, And The Perils Of ETFs