Tiffany & Co. stock soars 33% after confirmation of unsolicited acquisition bid from LVMH

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Tiffany said the 'parties are not in discussions' but, as is 'its fiduciary responsibility,' it is reviewing the proposal. Investors seem to be liking the idea anyway...

Tiffany & Co. TIF, +29.83% stock soared 33.2% in Monday premarket trading after the luxury jeweler confirmed that it received an unsolicited acquisition proposal from

has also confirmed the bid. The proposal is a 30% premium to where Tiffany stock was trading when the bid was made. The

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

La influencia del grupo Louis Vuitton Moet Hennessy 😍

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India’s Film Bazaar Reveals Strong Slate for Co-Production Market (EXCLUSIVE)India’s Film Bazaar, South Asia’s leading film project market, has revealed a 14-strong slate spanning Asia, Europe and the U.S. for its annual co-production jamboree in Goa. It is a diverse mix of…
Source: Variety - 🏆 108. / 63 Read more »

LVMH confirms talks over possible acquisition of jeweler TiffanyLVMH, the world's biggest luxury goods conglomerate, confirms talks over a possible acquisition of jeweler Tiffany & Co, sending LVMH’s shares up 1% in early trading Are you gonna ally, or you will get big enemy. Now decide your destiny. 兆はえぐいな
Source: Reuters - 🏆 2. / 97 Read more »