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French luxury group LVMH offers to buy U.S jeweler Tiffany: sources

Reuters Saturday, 26 October 2019
Louis Vuitton owner LVMH has approached Tiffany & Co with an acquisition offer, people familiar with the matter said on Saturday, at a time when the U.S. luxury jeweler grapples with the impact of tariffs on its exports to China.
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News video: LVMH offers to buy Tiffany

LVMH offers to buy Tiffany 01:14

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.

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