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LVMH Buys Tiffany in $16 Billion Deal

LVMH Buys Tiffany in $16.2 Billion Deal

By Sarah Kent November 25, 2019 07:30 PARIS, France – Luxury giant LVMH Moët Hennessy Louis Vuitton SE said Monday it has reached a $16.2 billion deal to buy American jeweller Tiffany & Co. The blockbuster deal will transform LVMH’s watches and jewellery position and increase its presence in the US.

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