If an engagement ring should cost three months of a suitor’s salary, LVMH Moët Hennessy Louis Vuittonis paying slightly over the odds for Tiffany & Co. But investors are feeling indulgent toward a stock that has risen 55% this year.
On Monday, the world’s largest luxury company agreed to buy the U.S. jeweler for $16.2 billion in cash—a 12% increase on its offer four weeks ago. Including Tiffany’s net debt of $350 million and the value of stock options, the all-in price of $16.9 billion represents 16.3 times the target’s...
heard Carbon dust. SMH.
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France's LVMH nears deal to buy U.S. jewelry chain Tiffany for $16.7 billion: FTFrench luxury group LVMH is nearing a $16.7 billion deal to buy Tiffany & Co , t... Nice! How about no. Not needed. Stop everyone buying everyone else. DOUCHE Great brand, should not be for sale.
Source: Reuters - 🏆 2. / 97 Read more »
France's LVMH close to buying Tiffany after sweetening offer: sourcesFrance's LVMH nears deal to buy U.S. jewelry chain Tiffany for about $16.3 billion: sources
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LVMH boosts European shares to one-week high; trade optimism lingersFrench luxury goods group LVMH's deal to buy U.S. jewelry firm Tiffany boos... BTC this why we have what we have! LVMH is the Anti-Christ.
Source: Reuters - 🏆 2. / 97 Read more »
LVMH aims to restore Tiffany's sparkle with $16.2 billion takeoverLouis Vuitton owner LVMH has agreed to buy Tiffany for $16.2 billion in its bigg... At least it wasn't some Chinese company! So newt will owe a lot of money to LVMH now instead of Tiffany?
Source: Reuters - 🏆 2. / 97 Read more »
LVMH Acquires Tiffany and Co. For $16.2 BillionAfter weeks of bidding, LVMH acquired Tiffany and Co. for $16.2 billion, according to reports. Why don't they buy all lux shopping malls? Then we don't need to see them. We don't appreciate them anymore.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
France’s LVMH secures deal to buy Tiffany for $16.2 billionFrench luxury giant LVMH Moet Hennessy Louis Vuitton says it has reached a deal to buy U.S.-based jewelry legend Tiffany & Co for $16.2 billion Anyone left that LVMH hasn't bought? I'm SUING HPD and the Constables of Houston for 1 billion dollars for my PAIN AND SUFFERING BECAUSE THEY STOLE MY RETIREMENT AND JOB Oooo begitu fergusyo~
Source: ABC - 🏆 471. / 51 Read more »