LVMH, Tiffany agree on lower price in takeover deal: sources

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Tiffany & Co is nearing a revised deal to lower its takeover price by LVMH to US$131.50 per share, or US$3.50 less than what was agreed in last ...

Tiffany & Co is nearing a revised deal to lower its takeover price by LVMH to US$131.50 per share, or US$3.50 less than what was agreed in last November, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

FILE PHOTO: A Tiffany & Co. logo is seen outside a store in Paris, France, September 18, 2020. REUTERS/Charles Platiau/File Photo

 

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