Monday, October 28, 2019

Louis Vuitton and Tiffany Are Talking About Tying the Knot

LVMH, the French owner of Louis Vuitton and Givenchy, said it has held preliminary discussions with jeweler Tiffany & Co. on a possible takeover.

There’s no assurance that the discussions will result in any agreement, the French luxury giant said.

Bloomberg reported earlier that LVMH has offered about $14.5 billion for the jeweler in a deal that would expand its access to U.S. luxury shoppers.. . . more