LVMH Acquires Tiffany and Co. For $16.2 Billion

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LVMH Acquires Tiffany and Co. For $16.2 Billion
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After weeks of bidding, LVMH acquired Tiffany and Co. for $16.2 billion, according to reports.

Iconic jewelry label Tiffany and Co. has officially joined the LVMH Moët Hennessy Louis Vuitton family after a bidding war that culminated in the luxury goods group acquiring the jeweler for a whopping $16.2 billion., LVMH latest move marks the group's biggest purchase to date.

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