Louis Vuitton parent company LVMH reportedly makes takeover bid for Tiffany & Co.
Sunday, 27 October 2019
Louis Vuitton owner LVMH is reportedly looking to add U.S. luxury jeweler Tiffany & Co. to its portfolio, which includes Moët & Chandon and TAG Heuer.
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LVMH offers to buy Tiffany
European luxury titan LVMH has offered to buy U.S. jeweler Tiffany, with Reuters sources saying the deal could be valued at $14.5 billion. Julian Satterthwaite reports.
Credit: Reuters Studio Duration: 01:14 Published on October 28, 2019
Luxury Retailer LVMH Makes Offer To Buy Tiffany & Company
The offer values Tiffany at $14.5 billion. Tiffany operates more than 250 stores around the world, including its flagship store on Fifth Avenue in New York City. CBS2's Mary Calvi reports.
Credit: CBS 2 New York Duration: 00:20 Published on October 28, 2019
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