Luxury Giant LVMH to Buy Tiffany for $16.2 Billion
LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods company, said on Monday that it had reached an agreement to buy the jeweler Tiffany & Company in a $16.2 billion deal, the largest ever in the luxury sector. Th acquisition will give LVMH a bigger foothold in the United States, as well as help…
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