LVMH and Tiffany & Co return to discuss the deal - Beautiful Lifestyle Magazine

LVMH and Tiffany & Co return to discuss the deal

LVMH и Tiffany&Co вернулись к обсуждению сделки
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The conglomerate LVMH and the jewelry brand Tiffany & Co returned to discussing the deal, which was suspended because the companies were unable to reach mutually beneficial terms.

So far, the companies have agreed to a $425 million price cut. Previously, Beautiful Lifestyle magazine wrote that LVMH was planning to buy Tiffany&Co for $16.2 billion.

According to Tiffany&Co, the reduction in the value of the deal “was in the interests of both parties.” Find out what other circumstances prevented the largest transaction in the history of LVMH here.

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