PARIS—In targeting Tiffany & Co, French billionaire Bernard Arnault is attempting his most challenging acquisition in more than three decades of deal making.
Mr. Arnault, the chief executive and controlling shareholder of LVMH Moët Hennessy Louis Vuitton, has favored a series of smaller, lower risk acquisitions to build his empire of luxury brands. Some of those brands have flourished within LVMH, while others haven’t.
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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
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LVMH woos Tiffany to tap fast-growing jewellery marketLVMH, the owner of the Louis Vuitton brand, has offered to buy upscale jeweler Tiffany, with Reuters sources saying the deal could be valued at $14.5 billion
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Tiffany & Co. stock soars 33% after confirmation of unsolicited acquisition bid from LVMHTiffany 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... La influencia del grupo Louis Vuitton Moet Hennessy 😍
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