Louis Vuitton offers to buy US luxury jeweler Tiffany: Sources

Louis Vuitton owner LVMH has approached Tiffany & Co with a $14.5 billion acquisition offer. LVMH, which has for years been looking for ways to expand its market share, submitted a preliminary, non-binding offer to Tiffany earlier this month.

from Fashion / Cosmetics / Jewellery-Cons. Products-Industry-Economic Times https://ift.tt/2MPwFYP