LVMH and Tiffany & Co said in a joint statement on Nov. 25 that the French luxury giant had agreed to acquire the U.S.-listed jeweller for $135 per share in cash, in a transaction that gives it an equity value of approximately $16.2 billion.
Novartis on Nov. 24 agreed to buy U.S. biotechnology firm The Medicines Company for $9.7 billion in cash. Charles Schwab agreed on Nov. 25 to buy TD Ameritrade in an all-share merger that values the smaller U.S. brokerage firm at $26 billion. Fiat Chrysler Automobiles and Peugeot said on Oct. 31 that they aimed to reach a binding deal to create the world’s fourth-largest carmaker, with the French group’s Carlos Tavares as chief executive and Fiat's John Elkann as chairman.
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