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LVMH Makes $14.5 Billion Bid for Tiffany

October 28, 2019

Via: Fortune

French conglomerate LVMH, already one of the largest luxury companies in the world, wants to add Tiffany & Co. to its roster of brands.

LVMH, whose portfolio includes names like Christian Dior, Fendi, and of course Louis Vuitton, confirmed on Monday morning that it had made a bid for $120 a share. Tiffany also confirmed the bid and said it was not in discussions with LVMH but that its board was reviewing the offer.

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