LVMH firm buys Tiffany for $16.2B
Credit to Author: Agence France-Presse| Date: Tue, 26 Nov 2019 12:00:40 +0000
PARIS: Luxury behemoth LVMH said on Monday it had clinched a deal to buy the storied US jeweller Tiffany in a $16.2-billion deal, its biggest acquisition ever, making the French firm a power player in fine gems just as demand is soaring worldwide. The deal comes after LVMH, already the top luxury firm overall, spent […]
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