Tiffany & Co. stock soared on Monday after the company became the takeover target of a wealthy French suitor.
Don’t miss: Cartier, Louis Vuitton and other luxury brands could suffer up to a 60% hit in Hong Kong if protests continue The LVMH portfolio includes the namesake Louis Vuitton and Fendi brands, as well as the Hennessy and Chandon brands, Bvlgari jewelry and more. Analysts were able to rattle off several reasons why it should add one more big name to the moat.
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Tiffany Receives $14.5 Billion Takeover Offer From LVMHTiffany has received a takeover approach from LVMH Moët Hennessy Louis Vuitton, which is seeking to add the iconic U.S. jeweler to its portfolio of upscale brands. That's great. And that part may add one zero correspondingly, that is 500m, with a discount, 300m. thisis50 Be great if you could provide the premium in the headline. The price means nothing without that context.
Source: WSJ - 🏆 98. / 63 Read more »
LVMH confirms talks over possible acquisition of jeweler TiffanyLVMH, the world's biggest luxury goods conglomerate, confirms talks over a possible acquisition of jeweler Tiffany & Co, sending LVMH’s shares up 1% in early trading Are you gonna ally, or you will get big enemy. Now decide your destiny. 兆はえぐいな
Source: Reuters - 🏆 2. / 97 Read more »
LVMH Confirms ‘Preliminary’ Talks With Tiffany & Co.Tiffany also confirmed the approach, but said it currently is in no discussions with LVMH. Takeovers are like me saying I like your partner. They have potential. How much are they worth. Here’s what kinda what I think I can do with then. 😂
Source: wwd - 🏆 24. / 68 Read more »
LVMH wants to tie knot with Tiffany to tap fast-growing jewelry marketLVMH, the world’s biggest luxury group, said it had approached Tiffany & Co about a possible takeover of the jeweler LVMH les pauvres t'emmerdent
Source: Reuters - 🏆 2. / 97 Read more »
LVMH woos Tiffany to tap fast-growing jewellery marketLVMH, the owner of the Louis Vuitton brand, has offered to buy upscale jeweler Tiffany, with Reuters sources saying the deal could be valued at $14.5 billion
Source: Reuters - 🏆 2. / 97 Read more »
Tiffany Stock Surges 32% After Takeover Bid From Bernard Arnault’s LVMHEurope’s richest man is trying to buy the historic U.S. jewelry brand. PetroEsSpamParaColombia
Source: Forbes - 🏆 394. / 53 Read more »