After weeks of bidding, LVMH acquired Tiffany and Co. for $16.2 billion, according to reports.
Tiffany and Co. was founded in 1837 and became famous for its robin's egg blue boxes. Audrey Hepburn also helped to put the luxury jeweler on the map, thanks to her"We are delighted to have the opportunity to welcome Tiffany, a company with an unparalleled heritage and unique position in the global jewelry world, to the LVMH family," LVMH CEO Bernaud Arnault added.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
No. 1: LVMH Eclipses Rivals With Tiffany DealThe repercussions of the LVMH TiffanyAndCo deal stretch across the entire sector – making it the number one news story of the year.
Consulte Mais informação »
Tiffany & Co’s New Fragrances Smell Like a Sexy Walk Through the WoodsAnd are packaged to perfection.
Consulte Mais informação »
No. 1: LVMH Eclipses Rivals With Tiffany DealThe repercussions of the LVMH TiffanyAndCo deal stretch across the entire sector – making it the number one news story of the year.
Consulte Mais informação »
China plans major infrastructure investments in 2020: state mediaChina plans 800 billion yuan ($114.38 billion) in railway investment, 1.8 trilli...
Consulte Mais informação »
Sears sells DieHard brand to Advance Auto Parts for $200 millionAfter closing hundreds of stores in 2019, Transformco, the owner of Sears and Kmart stores, has sold one of the company's most well-known brands to Advance Auto Parts.
Consulte Mais informação »
Gazprom says raises $13 billion from banks for Amur gas plantRussian gas producer Gazprom said on Tuesday it has raised 9 billion euros ($10 ...
Consulte Mais informação »