Luxury fashion giant LVMH to buy Tiffany for $16.2B
Luxury conglomerate LVMH will buy Tiffany & Co. for about $16.2 billion after courting the storied New York jeweler for about a month, the companies announced Monday. The $135-per-share cash purchase will add Tiffany to Paris-based LVMH’s portfolio of 75 high-end brands as its blue-box stores struggle with lagging sales. The deal will give the […]
