RJ Market Watch
LVMH buys Tiffany in $16.2 bn deal
Paris: LVMH and US jewellers Tiffany announced Monday a USD 16.2 billion tie-up that is the French luxury group’s biggest-ever acquisition and will bolster its presence in the United States.
The companies said in a statement they “have entered into a definitive agreement whereby LVMH will acquire Tiffany for USD 135 per share in cash, in a transaction with an equity value of approximately 14.7 billion euros or USD 16.2 billion.”
- Wide Angle8 months ago
American Gem Trade Association bans exhibition of lab-grown gemstones at its shows
- RJ Market Watch9 months ago
5th Retail Jeweller Dubai Forum 2024 set to decode Next-Gen retail and ways to drive its success
- RJ Market Watch7 months ago
Kanz Jewels wins over customers’ hearts with electrifying event featuring Indian singer Kailash Kher
- Daily News11 months ago
Joyalukkas launches second showroom in the United Kingdom in London
You must be logged in to post a comment Login