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: Weinswig’s Weekly: Here’s How US Consumers Will Spend Labor DayWeekly US and UK Store Openings and Closures Tracker 2023, Week 18: US Store Openings Cross 4,000E-Commerce Merchandising: Using CGI and AI To Increase Conversion and Boost Your Bottom LineWeekly US and UK Store Openings and Closures Tracker 2023, Week 20: US Closures Up by Three-Quarters vs. 2022