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.

Anastasia Zhukova
Anastasia Zhukova
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