The acquisition will give LVMH greater exposure in the US market.
LVMH, the world's largest luxury conglomerate, announced Monday that it has finalized a deal to acquire US jewelry retailer, Tiffany & Co, for $16.2 billion. This is LVMH's most expensive acquisition ever. The company owns brands such as Christian Dior, Louis Vuitton, and Hennessy. Visit Business Insider's homepage for more stories. LVMH confirmed Monday that it will acquire US jewelry chain Tiffany & Co for about $16.2 billion.
LVMH, the world's largest luxury conglomerate, announced Monday that it has finalized a deal to acquire US jewelry retailer, Tiffany & Co, for $16.2 billion. This is LVMH's most expensive acquisition ever. The company owns brands such as Christian Dior, Louis Vuitton, and Hennessy. Visit Business Insider's homepage for more stories. LVMH confirmed Monday that it will acquire US jewelry chain Tiffany & Co for about $16.2 billion.
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