The acquisition will give LVMH greater exposure in the US market.
LVMH, the world's largest luxury conglomerate, announced Monday that it has finalized a deal to acquire US jewelry retailer, Tiffany & Co, for $16.2 billion. This is LVMH's most expensive acquisition ever. The company owns brands such as Christian Dior, Louis Vuitton, and Hennessy. Visit Business Insider's homepage for more stories. LVMH confirmed Monday that it will acquire US jewelry chain Tiffany & Co for about $16.2 billion.
LVMH, the world's largest luxury conglomerate, announced Monday that it has finalized a deal to acquire US jewelry retailer, Tiffany & Co, for $16.2 billion. This is LVMH's most expensive acquisition ever. The company owns brands such as Christian Dior, Louis Vuitton, and Hennessy. Visit Business Insider's homepage for more stories. LVMH confirmed Monday that it will acquire US jewelry chain Tiffany & Co for about $16.2 billion.
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LVMH reportedly nears deal to acquire Tiffany for $16.3 billion - Business InsiderSources familiar with the matter told Reuters that a deal between LVMH and Tiffany could be announced on Sunday or Monday.
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France's LVMH close to buying Tiffany after sweetening offer: sourcesFrance's LVMH nears deal to buy U.S. jewelry chain Tiffany for about $16.3 billion: sources
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LVMH reaches deal to acquire Tiffany for $16.3 billionThe boards of the luxury firms have been discussing a potential deal since last month, and will meet on Sunday to approve a final plan.
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LVMH Nears Deal to Acquire Tiffany for $16.3 BillionLVMH Moët Hennessy Louis Vuitton is nearing a deal to buy famed jeweler Tiffany & Co. for more than $16 billion, according to people familiar with the matter.
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