LVMH to buy luxury jeweller Tiffany for $16bn
Luxury goods giant LVMH (MC.PA) has agreed to buy one of the world’s most iconic jewellers — Tiffany — for $16.2bn (£12.6bn) deal. LVMH, which owns 75 prestigious brands including Christian Dior and Givenchy and has 4,590 stores worldwide, confirmed in a statement that it has agreed to buy the jeweller for $135 (£105) per share in cash.
News story posted on 2019-11-25T08:07:00.0000000Z
