LVMH Moët Hennessy reaches $16.2 billion deal for Tiffany & Co.
European luxury conglomerate LVMH Moët Hennessy Louis Vuitton announced Monday that it has reached a $16.2 billion (14.7 billion euro) deal for U.S. jeweler Tiffany & Co. Under terms of the transaction, LVMH MC, +1.93% will pay $135 for each Tiffany TIF, -0.78% share. The companies have reportedly beenRead More →