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Hermès to join France's benchmark CAC 40 index

Hermès International Société en commandite par actions, the French luxury goods company best known for its silk scarves and handbags, will join the Paris benchmark CAC-40 index on the Euronext, the company and the pan-European exchange said in separate announcements June 7.

Hermès will replace building materials provider LafargeHolcim Ltd., Euronext said following its quarterly review. The change becomes effective June 18.