Monday, October 28, 2019

Luxury goods group LVMH in $14.5bn Tiffany takeover talks

French conglomerate has held preliminary discussions with US jeweller

The French luxury group LVMH has confirmed it has made a takeover approach for Tiffany & Co, reportedly valuing the famous US jeweller at $14.5bn.

LVMH said it had held preliminary discussions with Tiffany, known for its diamond engagement rings, after reports said it had made a $14.5bn bid.

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from Mergers and acquisitions | The Guardian https://ift.tt/369CJmx

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