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France’s LVMH seeks to buy jeweler Tiffany for $14.5B

WorldNews Monday, 28 October 2019
France’s LVMH seeks to buy jeweler Tiffany for $14.5BPARIS — French luxury group LVMH is making a play for the iconic blue box. The conglomerate said Monday it has offered to buy Tiffany & Co. for $14.5 billion in cash, sending shares in the New York jeweler soaring. The purchase would add another household name to LVMH’s plethora of upscale brands such as Christian Dior, Fendi and Givenchy as well as watchmaker Tag Heuer. It would also...
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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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