Flash ReportLuxury 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Introducing the New Tech 25 for ’25: Retail-Tech Companies To WatchHighlights from NextGen 2025: Retail, Real Estate & the New Consumer—InfographicUS CPG Sales Tracker: Sharp Beauty Rise Drives CPG Growth in December 2024Trends and Predictions for 2025 with Updates from CES and NRF: Premium Subscriber Call, January 2025
