Flash Report 3 minutesRegister for Free AccessLuxury Giant LVMH To Buy Tiffany for $16.2 Billion Coresight Research November 26, 2019 Executive SummaryOn November 25, French luxury conglomerate LVMH announced that it will buy Tiffany & Co, an American luxury jewelry retailer, for $135 per share for a total value of $16.2 billion. This acquisition further expands LVMH’s global presence in the fine jewelry market. The deal is the biggest ever for LVMH and is expected to close in the middle of 2020. The deal comes as global demand for jewelry is resurging. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Maximizing Growth Potential in DTC: Four Tech-Driven Strategies for Direct-to-Consumer Businesses To Scale and SucceedChina Retail Unveiled: In-Depth Insights Presented at FIRA 2024 Annual MeetingMarket Outlook: US CPG—Growth Led by Price Hikes Amid Macroeconomic VolatilityConsumer Demand Sees a Slower Recovery: China Consumer Tracker