LVMH has agreed to buy Tiffany for an equity value of c.€14.7bn. This rare acquisition opportunity in hard-luxury will significantly enhance LVMH’s position in the attractive luxury jewellery market and also increase the group’s exposure in the US.
25 Nov 2019
Continuing to expand its luxury kingdom
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Continuing to expand its luxury kingdom
LVMH Moet Hennessy Louis Vuitton SE (MC:WBO) | 0 0 0.9% | Mkt Cap: 125,021m
- Published:
25 Nov 2019 -
Author:
Jie Zhang -
Pages:
3
LVMH has agreed to buy Tiffany for an equity value of c.€14.7bn. This rare acquisition opportunity in hard-luxury will significantly enhance LVMH’s position in the attractive luxury jewellery market and also increase the group’s exposure in the US.