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25 November 20198.30 The world leader in the luxury goods sector Lvmh has acquired the American Tiffany jewelery. The two groups made it known in a joint note, confirming the indiscretions of the American media about a preliminary agreement. A "definitive agreement was reached for the acquisition of Tiffany by LVMH at the price of $ 135 per share. The transaction is worth about 14.7 billion euros, or 16.2 billion dollars," according to the Note.LVMH: agreement for Tiffany acquisition
2019-11-25T07:46:48.113Z
8.30 Lvmh, the world leader in the luxury goods sector, has acquired American Tiffany jewelery. The two groups made it known in a joint note, confirming the indiscretions of the American media about a preliminary agreement. A "definitive agreement was reached for the acquisition of Tiffany by LVMH at the price of $ 135 per share. The transaction is worth about 14.7 billion euros, or 16.2 billion dollars," according to the Note.
Source: rainews