LVMH to Buy Tiffany for $16 Billion in Largest Luxury-Goods Deal Ever

Tiffany LVMH Acquisition

LVMH Moët Hennessy Louis Vuitton is set to acquire Tiffany & Co. for $16.2 billion, strengthening the Paris-based luxury group’s position in the global jewelry market and increasing its US presence. “Tiffany is a company with an unparalleled heritage and unique position in the global jewelry world,” LVMH CEO Bernard Arnault said Monday. The deal … Read more