LVMH Acquires Tiffany and Co. For $16.2 Billion

  • 📰 ELLE Magazine (US)
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

After weeks of bidding, LVMH acquired Tiffany and Co. for $16.2 billion, according to reports.

Tiffany and Co. was founded in 1837 and became famous for its robin's egg blue boxes. Audrey Hepburn also helped to put the luxury jeweler on the map, thanks to her"We are delighted to have the opportunity to welcome Tiffany, a company with an unparalleled heritage and unique position in the global jewelry world, to the LVMH family," LVMH CEO Bernaud Arnault added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 472. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tiffany & Co’s New Fragrance Is Unlike Anything You’ve Smelled BeforeThis is what modern love smells like, according to Tiffany & Co.
Source: Allure_magazine - 🏆 473. / 51 Read more »

Ballast Point's rise, fall and sale: Inside craft beer's most baffling dealHow did a tiny Illinois brewery acquire a craft beer icon once valued at $1 billion? Maybe, Just maybe people are finally sick of over done, crappy tasting IPA’s. Worst damn beer ever created.
Source: latimes - 🏆 11. / 82 Read more »

Francesco Trapani on Tiffany & Co., the Evolution of LuxuryThe former board member of Tiffany & Co. shared his thoughts on the deal of the year, his identikit of the perfect ceo and his political concerns. No one should.
Source: wwd - 🏆 24. / 68 Read more »

There's a 'Good Times' live special headed to ABC just in time for the holidaysThe star-studded cast includes the likes of Viola Davis, Tiffany Haddish and more. ENCA... latest mouthpiece of the EFF Is Tiffany 'Thelma' or 'Willona'?
Source: Newsweek - 🏆 468. / 52 Read more »

Regulator puts loading curbs on 737 jets converted to freighters by Israel AerospaceIsrael's aviation regulator has ordered airlines with Boeing Co 737 jets co...
Source: Reuters - 🏆 2. / 97 Read more »

https://people.comGet the latest news about celebrities, royals, music, TV, and real people. Find exclusive content, including photos and videos, on PEOPLE.com.
Source: people - 🏆 712. / 51 Read more »