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LVMH confirms interest in acquiring luxury jeweler Tiffany

WorldNews Monday, 28 October 2019
LVMH confirms interest in acquiring luxury jeweler TiffanyPARISLVMH, the world’s biggest luxury group, said on Monday it had approached Tiffany & Co about a possible takeover of the U.S. jeweler. “In light of recent market rumors, LVMH Group confirms it has held preliminary discussions regarding a possible transaction with Tiffany,” the company said in a statement. “There can be no assurance that these discussions will result in any agreement.” One source familiar...
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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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