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Tag: LVMH

LVMH confirms deal to acquire Tiffany for $16 billion

A woman walks past a Tiffany & Co. store at a shopping mall in Beijing, November, 2018. Mark Schiefelbein | AP LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.2 billion, in a move that will give the company more access to U.S. luxury consumers. Confirming …

LVMH confirms deal to acquire Tiffany for $16 billionRead More

With Tiffany, LVMH grows in jewelry and Tiffany gets a chance to shine

The $16.2 billion deal by Louis Vuitton’s parent company LVMH to buy Tiffany & Co. — the biggest ever in the luxury sector — is expected to benefit both parties. For LVMH, the deal will give the world’s largest luxury goods company a bigger name in fine jewelry and make it a bigger player in …

With Tiffany, LVMH grows in jewelry and Tiffany gets a chance to shineRead More

Louis Vuitton owner LVMH to buy Tiffany for $16bn | Business

LVMH, the world’s biggest luxury group, has agreed to buy Tiffany & Co, the US jeweller famed for its engagement rings and white diamond necklaces, in a $16.2bn (£12.6bn) deal. Bernard Arnault’s luxury goods empire, which includes brands such as Louis Vuitton, Christian Dior and Moët & Chandon, announced it would pay $135 a share …

Louis Vuitton owner LVMH to buy Tiffany for $16bn | BusinessRead More

LVMH reaches deal to acquire Tiffany for $16.3 billion

Pedestrians pass in front of a Tiffany & Co. store. Akos Stiller | Bloomberg | Getty Images Bulgari owner LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.3 billion, according to sources familiar with the matter.  The boards of the luxury firms have been discussing a …

LVMH reaches deal to acquire Tiffany for $16.3 billionRead More

LVMH makes takeover bid for Tiffany & Co.

A French luxury goods conglomerate is looking to add a U.S. crown jewel to its portfolio. LVMH Moet Hennessy Louis Vitton has made a bid for Tiffany & Co. The U.S. high-end jeweler confirmed Monday that it received an unsolicited, non-binding proposal from LMVH for $120 per share in cash. The offer would value Tiffany at nearly …

LVMH makes takeover bid for Tiffany & Co.Read More