Nov 25, 2019 · PARIS — French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and ...
Nov 25, 2019 · Nov. 25 (UPI) --LVMH said Monday it has reached an agreement with Tiffany & Co. to buy the iconic jeweler for $16.2 billion.The Paris-based multinational luxury goods conglomerate said it was ...
The luxury industry’s biggest takeover is unraveling in dramatic fashion.
The owner of the Louis Vuitton brand agreed to pay $135 a share for the U.S. jeweler. Boards of both companies approved the proposal lv buys tiffany and co on Sunday, capping a month of talks.
Founded by Charles Lewis Tiffany in 1837, Tiffany’s relationship lv buys tiffany and co with France stretches back almost as far. It helped establish its reputation as a jeweller when in 1887 it bought some of the ...
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