FILE PHOTO: The logo of U.S. jeweller Tiffany & Co. is seen at a store in Nice, France, October 27, 2019. REUTERS/Eric Gaillard
PARIS - France’s LVMH on Monday confirmed it had approached U.S. jeweler Tiffany & Co over a possible acquisition, in what would be the Louis Vuitton owner’s biggest purchase to date. “In light of recent market rumors, LVMH Group confirms it has held preliminary discussions regarding a possible transaction with Tiffany,” the company said in a statement. “There can be no assurance that these discussions will result in any agreement.”According to one source familiar with the situation, it submitted a preliminary, non-binding offer to Tiffany earlier this month, Another source said the bid valued Tiffany at about $120 per share, equivalent to a $14.5 billion acquisition offer.
Are you gonna ally, or you will get big enemy. Now decide your destiny. 兆はえぐいな
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:
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.
Louis Vuitton maker LVMH reportedly makes Tiffany & Co. takeover bidSo, like, THIS is what that was about? Did Trump think he was making a profit, finally, off his other daughter? 😶
Source: USATODAY - 🏆 100. / 63 Read more »
Louis Vuitton maker LVMH reportedly makes Tiffany & Co. takeover bidSo, like, THIS is what that was about? Did Trump think he was making a profit, finally, off his other daughter? 😶
Source: USATODAY - 🏆 100. / 63 Read more »
‘Joker’ beats ‘Maleficent’ sequel in dead heat weekend box office match-upThe hold overs from Warner Bros. and Disney faced off in a photo finish to win the weekend box office. Hell yeah! Of course.. maleficent is nonsense.. sorry 🤭
Source: BusinessInsider - 🏆 729. / 51 Read more »
Louis Vuitton’s Nicolas Ghesquière Thinks Donald Trump Is 'A Joke'Nicolas Ghesquière spoke out against Trump in a post on Instagram following LVMH chairman Bernard Arnault and Trump's appaearance at the new Louis Vuitton factory in Texas. Well i think obama was a joke and?
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Elizabeth Olsen Really, Really Wants You To Know Her New Show Is Not Like 'This Is Us'The 'Hustlers' star talks J. Lo, her public perception, and why she sees strippers are celebrities lol fosh
Source: NylonMag - 🏆 697. / 51 Read more »
South Korea proposes talks with North to discuss Mt Kumgang resortSouth Korea proposed talks with North Korea on how to handle the North's Mt... I hope their first order of business is to discuss a name change?!?! Be very careful around illustrious leader's pictures.
Source: Reuters - 🏆 2. / 97 Read more »